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

by · The Cerbat Gem

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 7,124 shares, a growth of 1,047.2% from the July 15th total of 621 shares. Based on an average trading volume of 5,155 shares, the short-interest ratio is presently 1.4 days. Currently, 7.9% of the company’s shares are short sold.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Up 1.3%

Shares of UCYB traded up $1.24 during trading hours on Thursday, reaching $95.07. 1,596 shares of the company traded hands, compared to its average volume of 4,580. The stock’s fifty day moving average price is $76.53 and its 200 day moving average price is $58.18. The firm has a market cap of $8.56 million, a price-to-earnings 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 $95.22.

ProShares Ultra Nasdaq Cybersecurity ETF Dividend Announcement

The business 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. This represents a $1.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, June 24th.

Hedge Funds Weigh In On ProShares Ultra Nasdaq Cybersecurity ETF

A hedge fund 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:UCYB – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,842 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned 6.05% of ProShares Ultra Nasdaq Cybersecurity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About ProShares Ultra Nasdaq Cybersecurity ETF

(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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