Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Sees Significant Drop in Short Interest

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, a decline of 16.7% from the December 31st total of 600 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 1.7 days.

Xtrackers Cybersecurity Select Equity ETF Stock Performance

NASDAQ PSWD traded down $0.11 during mid-day trading on Friday, reaching $34.88. 265 shares of the stock were exchanged, compared to its average volume of 313. The company has a market capitalization of $6.98 million, a P/E ratio of 31.00 and a beta of 1.33. The business’s 50 day moving average is $33.65 and its 200-day moving average is $32.40. Xtrackers Cybersecurity Select Equity ETF has a 1 year low of $27.66 and a 1 year high of $35.42.

Xtrackers Cybersecurity Select Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 20th were paid a dividend of $0.055 per share. This is a positive change from Xtrackers Cybersecurity Select Equity ETF’s previous quarterly dividend of $0.01. This represents a $0.22 annualized dividend and a dividend yield of 0.63%. The ex-dividend date was Friday, December 20th.

Xtrackers Cybersecurity Select Equity ETF Company Profile

The Xtrackers Cybersecurity Select Equity ETF (PSWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies globally that are engaged in the cybersecurity industry. The index screens securities based on various ESG criteria provided by Sustainalytics PSWD was launched on Jul 13, 2023 and is issued by Xtrackers.