ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Up 53.8% in February

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,000 shares, a growth of 53.8% from the February 13th total of 1,300 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is presently 0.8 days. Currently, 2.2% of the company’s shares are short sold.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 3.8 %

UCYB stock opened at $48.42 on Monday. ProShares Ultra Nasdaq Cybersecurity ETF has a twelve month low of $34.14 and a twelve month high of $61.04. The stock has a market capitalization of $4.36 million, a price-to-earnings ratio of 24.20 and a beta of 1.67. The firm’s fifty day simple moving average is $52.38 and its two-hundred day simple moving average is $48.46.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.3539 per share. This is a boost from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Monday, December 23rd.

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.