ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Up 750.0% in December

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,700 shares, a growth of 750.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 1.2 days.

ProShares Ultra Nasdaq Cybersecurity ETF Price Performance

Shares of UCYB stock traded down $1.61 during mid-day trading on Friday, hitting $48.75. The stock had a trading volume of 1,199 shares, compared to its average volume of 2,044. ProShares Ultra Nasdaq Cybersecurity ETF has a fifty-two week low of $34.14 and a fifty-two week high of $54.04. The company’s 50-day simple moving average is $48.43 and its 200-day simple moving average is $43.64. The firm has a market cap of $4.39 million, a PE ratio of 24.20 and a beta of 1.67.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

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

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.