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

Global X Cybersecurity ETF (NASDAQ:BUG) was the target of a significant 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 short-interest ratio is presently 1.0 days. Approximately 0.9% of the company’s shares are short sold.

Global X Cybersecurity ETF Price Performance

Shares of NASDAQ:BUG opened at $32.79 on Thursday. Global X Cybersecurity ETF has a 1 year low of $26.03 and a 1 year high of $36.81. The business has a 50 day simple moving average of $33.83 and a two-hundred day simple moving average of $32.52. The firm has a market capitalization of $822.05 million, a PE ratio of 34.24 and a beta of 0.86.

Global X Cybersecurity ETF Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Global Retirement Partners LLC boosted its holdings in shares of Global X Cybersecurity ETF by 99.3% in the fourth quarter. Global Retirement Partners LLC now owns 811 shares of the company’s stock valued at $26,000 after purchasing an additional 404 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in shares of Global X Cybersecurity ETF by 255.7% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,067 shares of the company’s stock valued at $34,000 after purchasing an additional 767 shares during the period. FMR LLC boosted its holdings in shares of Global X Cybersecurity ETF by 213.1% in the third quarter. FMR LLC now owns 1,221 shares of the company’s stock valued at $38,000 after purchasing an additional 831 shares during the period. Bernard Wealth Management Corp. purchased a new stake in shares of Global X Cybersecurity ETF in the fourth quarter valued at approximately $46,000. Finally, Allworth Financial LP purchased a new stake in shares of Global X Cybersecurity ETF in the fourth quarter valued at approximately $171,000.

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.