ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Stock Price Cross Above 200 Day Moving Average – Here’s What Happened

Shares of ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $42.29 and traded as high as $51.23. ProShares Ultra Nasdaq Cybersecurity ETF shares last traded at $50.75, with a volume of 3,509 shares traded.

ProShares Ultra Nasdaq Cybersecurity ETF Price Performance

The stock’s 50-day simple moving average is $46.58 and its 200 day simple moving average is $42.29. The stock has a market capitalization of $4.57 million, a P/E ratio of 24.20 and a beta of 1.67.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were given a $0.259 dividend. The ex-dividend date 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.