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

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the recipient of 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 daily volume of 1,200 shares, the days-to-cover ratio is currently 0.2 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Up 1.2 %

Shares of NASDAQ UCYB traded up $0.58 during midday trading on Friday, hitting $48.57. 875 shares of the company’s stock were exchanged, compared to its average volume of 2,057. ProShares Ultra Nasdaq Cybersecurity ETF has a 12 month low of $33.88 and a 12 month high of $51.05. The company’s 50 day moving average price is $46.22 and its 200 day moving average price is $42.08. The firm has a market capitalization of $4.37 million, a PE ratio of 24.20 and a beta of 1.67.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.259 per share. This is an increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.14. The ex-dividend date was Wednesday, September 25th.

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.