Global X Cybersecurity ETF (NASDAQ:BUG) Short Interest Update

Global X Cybersecurity ETF (NASDAQ:BUG) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 218,400 shares, a decline of 79.2% from the February 13th total of 1,050,000 shares. Based on an average daily trading volume, of 229,700 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.9% of the company’s shares are sold short.

Global X Cybersecurity ETF Price Performance

NASDAQ BUG opened at $31.70 on Friday. The company has a market cap of $794.72 million, a P/E ratio of 34.24 and a beta of 0.86. Global X Cybersecurity ETF has a 12 month low of $26.03 and a 12 month high of $36.81. The company has a 50-day moving average of $33.82 and a 200-day moving average of $32.51.

Global X Cybersecurity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.0305 per share. The ex-dividend date was Monday, December 30th.

Institutional Trading of Global X Cybersecurity ETF

Several institutional investors have recently made changes to their positions in the stock. Ameriflex Group Inc. purchased a new stake in Global X Cybersecurity ETF during the fourth quarter valued at about $250,000. NCM Capital Management LLC increased its position in Global X Cybersecurity ETF by 3.5% during the 4th quarter. NCM Capital Management LLC now owns 24,972 shares of the company’s stock worth $801,000 after purchasing an additional 847 shares in the last quarter. Vident Advisory LLC purchased a new position in Global X Cybersecurity ETF in the fourth quarter valued at approximately $705,000. Snowden Capital Advisors LLC acquired a new position in Global X Cybersecurity ETF during the fourth quarter valued at approximately $255,000. Finally, Cetera Investment Advisers lifted its position in Global X Cybersecurity ETF by 27.8% during the fourth quarter. Cetera Investment Advisers now owns 221,977 shares of the company’s stock valued at $7,123,000 after buying an additional 48,302 shares in the last quarter.

About Global X Cybersecurity ETF

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.