Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Grows By 100.0%

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, an increase of 100.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 0.2 days.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Up 1.2 %

Shares of UCYB stock traded up $0.58 during trading hours on Friday, reaching $48.57. 875 shares of the company’s stock were exchanged, compared to its average volume of 2,057. The stock has a market cap of $4.37 million, a PE ratio of 24.20 and a beta of 1.67. The stock’s fifty day moving average price is $46.22 and its two-hundred day moving average price is $42.08. ProShares Ultra Nasdaq Cybersecurity ETF has a 1 year low of $33.88 and a 1 year high of $51.05.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were issued a $0.259 dividend. The ex-dividend date was Wednesday, September 25th. This is a boost from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.14.

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.