ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Update

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 15,118 shares, an increase of 112.2% from the July 30th total of 7,124 shares. Approximately 16.8% of the shares of the company are short sold. Based on an average daily volume of 12,553 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On ProShares Ultra Nasdaq Cybersecurity ETF

A hedge fund recently bought a new position in ProShares Ultra Nasdaq Cybersecurity ETF stock. Jane Street Group LLC acquired a new position in shares of ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 4,842 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned approximately 6.05% of ProShares Ultra Nasdaq Cybersecurity ETF at the end of the most recent quarter.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

Shares of NASDAQ:UCYB opened at $89.40 on Monday. ProShares Ultra Nasdaq Cybersecurity ETF has a twelve month low of $36.03 and a twelve month high of $97.57. The company has a market cap of $8.05 million, a PE ratio of 24.20 and a beta of 1.88. The company’s 50 day moving average is $80.57 and its 200 day moving average is $61.37.

ProShares Ultra Nasdaq Cybersecurity ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 24th were given a $0.2503 dividend. The ex-dividend date was Wednesday, June 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%.

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.