ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Sees Large Growth in Short Interest

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,300 shares, a growth of 1,200.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 0.5 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 0.6 %

UCYB stock opened at $50.43 on Friday. The business has a 50 day moving average of $52.47 and a 200 day moving average of $47.90. The firm has a market cap of $4.54 million, a PE ratio of 24.20 and a beta of 1.67. ProShares Ultra Nasdaq Cybersecurity ETF has a twelve month low of $34.14 and a twelve month high of $61.04.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

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

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.