First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Update

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 664,100 shares, a decline of 54.2% from the February 28th total of 1,450,000 shares. Based on an average daily trading volume, of 810,900 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s shares are short sold.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Several hedge funds have recently added to or reduced their stakes in CIBR. Hopwood Financial Services Inc. acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $25,000. Financial Life Planners bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at $28,000. Roxbury Financial LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at about $33,000. Armstrong Advisory Group Inc. increased its stake in First Trust Nasdaq Cybersecurity ETF by 133.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 539 shares of the company’s stock worth $34,000 after purchasing an additional 308 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $36,000.

First Trust Nasdaq Cybersecurity ETF Stock Down 1.9 %

CIBR stock traded down $1.22 during midday trading on Friday, reaching $63.39. The company’s stock had a trading volume of 1,855,558 shares, compared to its average volume of 636,068. The business’s 50-day simple moving average is $67.01 and its 200-day simple moving average is $63.97. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $50.52 and a 52 week high of $71.92. The stock has a market cap of $7.52 billion, a PE ratio of 33.06 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a $0.0043 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.02 dividend on an annualized basis and a yield of 0.03%.

First Trust Nasdaq Cybersecurity ETF Company Profile

The First Trust NASDAQ Cybersecurity ETF (CIBR) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund tracks a liquidity-weighted index that targets companies engaged in the cybersecurity industry. CIBR was launched on Jul 7, 2015 and is managed by First Trust.