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

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 3,229 shares, a drop of 56.9% from the July 15th total of 7,487 shares. Currently, 2.7% of the company’s stock are short sold. Based on an average trading volume of 1,382 shares, the days-to-cover ratio is presently 2.3 days.

Xtrackers Cybersecurity Select Equity ETF Trading Down 0.4%

NASDAQ:PSWD traded down $0.17 on Monday, reaching $47.99. 820 shares of the stock traded hands, compared to its average volume of 1,116. The company has a market capitalization of $5.76 million, a price-to-earnings ratio of 28.10 and a beta of 1.06. Xtrackers Cybersecurity Select Equity ETF has a 12 month low of $28.72 and a 12 month high of $49.28. The company’s fifty day simple moving average is $41.60 and its 200 day simple moving average is $35.90.

About Xtrackers Cybersecurity Select Equity ETF

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.