Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Increases By 750.0%

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

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

ProShares Ultra Nasdaq Cybersecurity ETF stock traded down $1.12 during mid-day trading on Friday, hitting $49.56. 1,234 shares of the company traded hands, compared to its average volume of 2,044. ProShares Ultra Nasdaq Cybersecurity ETF has a one year low of $34.14 and a one year high of $54.04. The stock has a market cap of $4.46 million, a price-to-earnings ratio of 24.20 and a beta of 1.67. The stock has a fifty day moving average price of $48.48 and a 200-day moving average price of $43.75.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a dividend of $0.3539 per share. The ex-dividend date of this dividend is Monday, December 23rd. This is a positive change 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.