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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 974,923 shares, an increase of 107.5% from the January 29th total of 469,955 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 1,882,373 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 1,882,373 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are sold short.

First Trust Nasdaq Cybersecurity ETF Stock Down 1.5%

Shares of CIBR traded down $0.96 during midday trading on Friday, hitting $62.91. The company had a trading volume of 1,375,994 shares, compared to its average volume of 1,581,507. The stock has a market cap of $9.66 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. The company’s 50 day moving average price is $69.37 and its 200 day moving average price is $72.86. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.2084 per share. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. This represents a $0.83 annualized dividend and a yield of 1.3%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CIBR. Colonial Trust Advisors bought a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter worth $25,000. eCIO Inc. bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at about $25,000. Nemes Rush Group LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 94.1% in the fourth quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares during the last quarter. Salem Investment Counselors Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter valued at approximately $28,000. Finally, Hollencrest Capital Management bought a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at approximately $29,000.

About First Trust Nasdaq Cybersecurity ETF

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.