Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Decreases By 82.4%

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, a decline of 82.4% from the December 15th total of 1,700 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 0.2 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

ProShares Ultra Nasdaq Cybersecurity ETF stock opened at $47.34 on Tuesday. The firm has a 50 day moving average price of $49.18 and a two-hundred day moving average price of $44.55. ProShares Ultra Nasdaq Cybersecurity ETF has a 52-week low of $34.14 and a 52-week high of $54.04. The firm has a market cap of $4.26 million, a price-to-earnings ratio of 24.20 and a beta of 1.67.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The company also recently declared 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. The ex-dividend date was Monday, December 23rd. This is a boost from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.26.

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.