ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Update

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,124 shares, a growth of 1,047.2% from the July 15th total of 621 shares. Based on an average trading volume of 5,155 shares, the short-interest ratio is currently 1.4 days. Approximately 7.9% of the shares of the company are sold short.

Institutional Trading of ProShares Ultra Nasdaq Cybersecurity ETF

An institutional investor recently bought a new position in ProShares Ultra Nasdaq Cybersecurity ETF stock. Jane Street Group LLC purchased a new stake in shares of ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,842 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned 6.05% of ProShares Ultra Nasdaq Cybersecurity ETF as of its most recent SEC filing.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Up 2.2%

NASDAQ UCYB traded up $2.00 on Wednesday, hitting $94.62. 4,392 shares of the company traded hands, compared to its average volume of 4,558. The business’s 50 day moving average price is $76.28 and its 200-day moving average price is $57.88. The company has a market capitalization of $8.52 million, a price-to-earnings ratio of 24.20 and a beta of 1.88. ProShares Ultra Nasdaq Cybersecurity ETF has a 52-week low of $36.03 and a 52-week high of $95.21.

ProShares Ultra Nasdaq Cybersecurity ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Wednesday, June 24th were paid a dividend of $0.2503 per share. The ex-dividend date was Wednesday, June 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%.

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.