Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Declines By 82.4%

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a decrease of 82.4% from the December 31st total of 1,700 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 0.2 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 3.6 %

Shares of ProShares Ultra Nasdaq Cybersecurity ETF stock traded up $1.83 during trading on Tuesday, reaching $52.37. 15,018 shares of the stock were exchanged, compared to its average volume of 1,841. The firm has a market cap of $4.71 million, a price-to-earnings ratio of 24.20 and a beta of 1.67. ProShares Ultra Nasdaq Cybersecurity ETF has a 1 year low of $34.14 and a 1 year high of $54.04. The stock’s fifty day moving average is $49.63 and its 200 day moving average is $45.20.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.3539 per share. This is an increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares Ultra Nasdaq Cybersecurity ETF Company Profile

The ProShares Ultra Nasdaq Cybersecurity (UCYB) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund provides daily 2x leveraged exposure to a liquidity-weighted index that targets companies engaged in the global cybersecurity industry. UCYB was launched on Jan 19, 2021 and is managed by ProShares.