ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,560 shares, a decline of 73.6% from the May 14th total of 5,917 shares. Currently, 1.7% of the shares of the company are short sold. Based on an average trading volume of 6,617 shares, the days-to-cover ratio is currently 0.2 days.
ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance
UCYB traded up $1.78 during midday trading on Thursday, reaching $67.92. The company had a trading volume of 822 shares, compared to its average volume of 3,952. The stock has a market cap of $6.11 million, a PE ratio of 24.20 and a beta of 1.90. ProShares Ultra Nasdaq Cybersecurity ETF has a 12-month low of $36.03 and a 12-month high of $86.93. The business has a 50-day moving average price of $54.66 and a two-hundred day moving average price of $51.10.
ProShares Ultra Nasdaq Cybersecurity ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were paid a $0.2722 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, March 25th.
Institutional Inflows and Outflows
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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