ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Stock Pass Above Two Hundred Day Moving Average – Here’s Why

Shares of ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $41.85 and traded as high as $49.40. ProShares Ultra Nasdaq Cybersecurity ETF shares last traded at $49.33, with a volume of 203 shares trading hands.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

The company has a market cap of $4.44 million, a PE ratio of 24.20 and a beta of 1.67. The stock’s 50-day simple moving average is $45.69 and its 200 day simple moving average is $41.85.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were issued a $0.259 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This is a boost from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.14.

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.