ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a decrease of 40.0% from the March 31st total of 500 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 2,500 shares, the short-interest ratio is currently 0.1 days.
ProShares Ultra Nasdaq Cybersecurity ETF Price Performance
ProShares Ultra Nasdaq Cybersecurity ETF stock opened at $47.78 on Tuesday. The firm has a market cap of $4.30 million, a PE ratio of 24.20 and a beta of 1.67. The stock’s fifty day moving average price is $46.91 and its two-hundred day moving average price is $49.03. ProShares Ultra Nasdaq Cybersecurity ETF has a one year low of $34.14 and a one year high of $61.04.
ProShares Ultra Nasdaq Cybersecurity ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a $0.1415 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $0.57 annualized dividend and a dividend yield of 1.18%.
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.
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