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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 761,501 shares, an increase of 122.5% from the June 15th total of 342,203 shares. Based on an average daily trading volume, of 1,470,089 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the shares of the company are short sold.

First Trust Nasdaq Cybersecurity ETF Trading Down 1.3%

Shares of NASDAQ CIBR opened at $91.89 on Friday. The company has a market capitalization of $14.27 billion, a P/E ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $60.07 and a 12 month high of $95.96. The stock has a 50 day moving average of $86.09 and a 200-day moving average of $73.78.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0721 per share. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 25th.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Large investors have recently modified their holdings of the stock. Bank of America Corp DE grew its stake in First Trust Nasdaq Cybersecurity ETF by 91.4% in the 3rd quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock valued at $1,129,541,000 after buying an additional 7,097,058 shares during the last quarter. Morgan Stanley lifted its position in First Trust Nasdaq Cybersecurity ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock worth $968,652,000 after acquiring an additional 394,758 shares during the last quarter. LPL Financial LLC lifted its position in First Trust Nasdaq Cybersecurity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after acquiring an additional 430,986 shares during the last quarter. UBS Group AG boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.7% during the third quarter. UBS Group AG now owns 5,603,139 shares of the company’s stock worth $425,895,000 after acquiring an additional 38,404 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 9.7% during the fourth quarter. Wells Fargo & Company MN now owns 4,708,419 shares of the company’s stock worth $336,417,000 after acquiring an additional 417,396 shares during the period.

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.