ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 7,124 shares, an increase of 1,047.2% from the July 15th total of 621 shares. Based on an average daily 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.
ProShares Ultra Nasdaq Cybersecurity ETF Price Performance
Shares of NASDAQ:UCYB traded down $1.20 during mid-day trading on Tuesday, reaching $92.94. 13,639 shares of the company traded hands, compared to its average volume of 4,563. The company’s 50 day moving average price is $76.13 and its 200-day moving average price is $57.58. The firm has a market cap of $8.36 million, a PE 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 company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 24th were issued 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%.
Institutional Trading of ProShares Ultra Nasdaq Cybersecurity ETF
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.
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