Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Drops By 50.0%
ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decline of 50.0% from the June 30th total of 200 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 0.1 days.
ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 2.4 %
UCYB opened at $39.17 on Friday. The stock has a market cap of $3.53 million, a price-to-earnings ratio of 24.20 and a beta of 1.67. ProShares Ultra Nasdaq Cybersecurity ETF has a twelve month low of $26.39 and a twelve month high of $48.15. The company’s 50-day moving average price is $39.50 and its two-hundred day moving average price is $40.76.
ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 26th were given a $0.3057 dividend. The ex-dividend date was Wednesday, June 26th. This represents a $1.22 annualized dividend and a dividend yield of 3.12%. This is a positive change from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.16.
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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