ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 2,151 shares, a drop of 49.5% from the September 15th total of 4,259 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 8,265 shares, the short-interest ratio is presently 0.3 days.
ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance
UCYB stock remained flat at $104.26 during trading on Thursday. The business’s 50 day simple moving average is $91.47 and its 200 day simple moving average is $73.22. The stock has a market capitalization of $12.51 million, a price-to-earnings ratio of 24.20 and a beta of 1.87. ProShares Ultra Nasdaq Cybersecurity ETF has a 12-month low of $36.03 and a 12-month high of $110.00.
ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Wednesday, September 23rd were given a $0.2893 dividend. This is a positive change from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.2503. The ex-dividend date was Wednesday, September 23rd. This represents a $1.16 dividend on an annualized basis and a yield of 1.1%.
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.
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