Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Drops By 66.7%

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 200 shares, a decline of 66.7% from the August 31st total of 600 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is currently 0.1 days.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Up 1.4 %

ProShares Ultra Nasdaq Cybersecurity ETF stock traded up $0.59 during midday trading on Wednesday, reaching $44.02. The company’s stock had a trading volume of 67 shares, compared to its average volume of 2,285. ProShares Ultra Nasdaq Cybersecurity ETF has a 52 week low of $26.39 and a 52 week high of $48.15. The business has a 50-day moving average price of $40.37 and a 200-day moving average price of $39.96. The stock has a market cap of $3.96 million, a PE ratio of 24.20 and a beta of 1.67.

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.