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

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYBGet Free Report) was the target of a large increase in short interest in 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. Based on an average trading volume of 12,553 shares, the short-interest ratio is currently 1.2 days. Approximately 16.8% of the shares of the stock are short sold.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Down 4.3%

NASDAQ:UCYB opened at $89.40 on Friday. The firm has a market capitalization of $8.05 million, a PE ratio of 24.20 and a beta of 1.88. ProShares Ultra Nasdaq Cybersecurity ETF has a 12-month low of $36.03 and a 12-month high of $97.57. The firm has a 50-day moving average price of $80.57 and a 200 day moving average price of $61.27.

ProShares Ultra Nasdaq Cybersecurity ETF Dividend Announcement

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

Hedge Funds Weigh In On ProShares Ultra Nasdaq Cybersecurity ETF

An institutional investor recently bought a new stake in ProShares Ultra Nasdaq Cybersecurity ETF stock. Jane Street Group LLC purchased a new stake in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYBFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 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 reporting period.

ProShares Ultra Nasdaq Cybersecurity ETF Company Profile

(Get Free Report)

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.

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