ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 5,901 shares, a drop of 61.0% from the August 15th total of 15,118 shares. Based on an average daily volume of 7,690 shares, the short-interest ratio is presently 0.8 days. Currently, 6.6% of the company’s shares are sold short.
ProShares Ultra Nasdaq Cybersecurity ETF Price Performance
NASDAQ:UCYB opened at $81.29 on Friday. The firm has a 50 day simple moving average of $82.87 and a 200-day simple moving average of $63.93. The firm has a market cap of $7.32 million, a PE ratio of 24.20 and a beta of 1.89. ProShares Ultra Nasdaq Cybersecurity ETF has a 1-year low of $36.03 and a 1-year high of $97.57.
ProShares Ultra Nasdaq Cybersecurity ETF Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 24th were paid a $0.2503 dividend. This represents a $1.00 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, June 24th.
Institutional Inflows and Outflows
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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