ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Down 48.4% in June

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYBGet Free Report) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 723 shares, a decline of 48.4% from the June 15th total of 1,402 shares. Based on an average daily trading volume, of 2,321 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are sold short.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Down 2.5%

Shares of NASDAQ UCYB opened at $79.38 on Friday. ProShares Ultra Nasdaq Cybersecurity ETF has a one year low of $36.03 and a one year high of $86.93. The business has a 50-day moving average price of $70.78 and a two-hundred day moving average price of $54.36. The firm has a market capitalization of $7.14 million, a PE ratio of 24.20 and a beta of 1.89.

ProShares Ultra Nasdaq Cybersecurity ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 24th were paid a $0.2503 dividend. This represents a $1.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, June 24th.

Institutional Trading of ProShares Ultra Nasdaq Cybersecurity ETF

A hedge fund recently bought a new position in ProShares Ultra Nasdaq Cybersecurity ETF stock. Jane Street Group LLC bought a new position in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYBFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,842 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned about 6.05% of ProShares Ultra Nasdaq Cybersecurity ETF at the end of the most recent reporting period.

About ProShares Ultra Nasdaq Cybersecurity ETF

(Get Free Report)

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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