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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 983,787 shares, a growth of 21.2% from the February 26th total of 811,591 shares. Based on an average daily trading volume, of 1,741,913 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. CreativeOne Wealth LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 37.7% in the 2nd quarter. CreativeOne Wealth LLC now owns 4,598 shares of the company’s stock valued at $348,000 after buying an additional 1,260 shares during the last quarter. Russell Investments Group Ltd. raised its position in First Trust Nasdaq Cybersecurity ETF by 30.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock worth $90,000 after buying an additional 280 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth $34,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 23.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 327,325 shares of the company’s stock worth $24,739,000 after acquiring an additional 62,793 shares during the period. Finally, Scotia Capital Inc. lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 6.0% in the 2nd quarter. Scotia Capital Inc. now owns 36,666 shares of the company’s stock worth $2,771,000 after acquiring an additional 2,089 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.7%

NASDAQ CIBR opened at $63.15 on Thursday. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $55.02 and a 52-week high of $78.34. The business’s 50-day moving average price is $65.72 and its 200 day moving average price is $71.45. The firm has a market cap of $9.70 billion, a P/E ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.1098 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, March 26th.

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.