ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Down 61.0% in August

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5,901 shares, a decrease of 61.0% from the August 15th total of 15,118 shares. Currently, 6.6% of the company’s stock are short sold. Based on an average daily trading volume, of 7,690 shares, the short-interest ratio is currently 0.8 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 2.0%

Shares of UCYB traded up $1.82 during midday trading on Tuesday, hitting $92.75. The company had a trading volume of 16,577 shares, compared to its average volume of 5,009. The company’s 50 day moving average price is $83.06 and its 200 day moving average price is $64.49. ProShares Ultra Nasdaq Cybersecurity ETF has a 52 week low of $36.03 and a 52 week high of $97.57. The stock has a market cap of $92.66 million, a price-to-earnings ratio of 24.20 and a beta of 1.89.

ProShares Ultra Nasdaq Cybersecurity ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 24th were paid a dividend of $0.2503 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $1.00 annualized dividend and a 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.