ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Up 100.0% in November

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a growth of 100.0% from the October 31st total of 100 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 0.2 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

NASDAQ UCYB traded up $0.58 on Friday, reaching $48.57. The company’s stock had a trading volume of 875 shares, compared to its average volume of 2,057. The firm’s 50 day moving average is $46.22 and its two-hundred day moving average is $42.08. ProShares Ultra Nasdaq Cybersecurity ETF has a twelve month low of $33.88 and a twelve month high of $51.05. The stock has a market cap of $4.37 million, a PE ratio of 24.20 and a beta of 1.67.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were given a dividend of $0.259 per share. This is a positive change from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Wednesday, September 25th.

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.