ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Stock Short Interest Report for September

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the target of a large drop in short interest in 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. Currently, 1.8% of the company’s stock are sold short. Based on an average daily volume of 8,265 shares, the days-to-cover ratio is currently 0.3 days.

ProShares Ultra Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ:UCYB remained flat at $104.26 during trading on Friday. The stock has a market cap of $12.51 million, a PE ratio of 24.20 and a beta of 7.56. The company has a 50-day simple moving average of $91.83 and a 200-day simple moving average of $73.70. ProShares Ultra Nasdaq Cybersecurity ETF has a 52 week low of $36.03 and a 52 week high of $110.00.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Wednesday, September 23rd were given a dividend of $0.2893 per share. The ex-dividend date was Wednesday, September 23rd. This is an increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.2503. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.1%.

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.