Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Increases By 300.0%

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 400 shares, an increase of 300.0% from the July 15th total of 100 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 0.3 days.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Up 3.3 %

Shares of UCYB stock traded up $1.25 during trading hours on Tuesday, hitting $38.94. The company’s stock had a trading volume of 346 shares, compared to its average volume of 2,523. The stock has a market cap of $3.50 million, a PE ratio of 24.20 and a beta of 1.67. ProShares Ultra Nasdaq Cybersecurity ETF has a 12-month low of $26.39 and a 12-month high of $48.15. The company has a 50 day moving average of $39.20 and a 200 day moving average of $40.38.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Wednesday, June 26th were issued a $0.3057 dividend. This represents a $1.22 annualized dividend and a yield of 3.14%. This is a positive change from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, June 26th.

About ProShares Ultra Nasdaq Cybersecurity ETF

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.