ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Shares Shorted: Short Interest Down 49.5% in September

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,151 shares, a decline of 49.5% from the September 15th total of 4,259 shares. Based on an average daily trading volume, of 8,265 shares, the short-interest ratio is currently 0.3 days. Approximately 1.8% of the shares of the stock are short sold.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

NASDAQ UCYB opened at $104.26 on Wednesday. The company has a market cap of $12.51 million, a P/E ratio of 24.20 and a beta of 1.87. The business’s 50 day moving average price is $91.17 and its 200-day moving average price is $72.77. ProShares Ultra Nasdaq Cybersecurity ETF has a fifty-two week low of $36.03 and a fifty-two week high of $110.00.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Wednesday, September 23rd were issued a $0.2893 dividend. The ex-dividend date was Wednesday, September 23rd. This is a positive change from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.2503. This represents a $1.16 annualized dividend and a dividend yield of 1.1%.

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.