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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,140,311 shares, a growth of 44.6% from the December 15th total of 788,384 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 905,483 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 905,483 shares, the short-interest ratio is presently 1.3 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Hedge funds have recently made changes to their positions in the company. Focus Financial Network Inc. grew its position in First Trust Nasdaq Cybersecurity ETF by 32.6% during the 2nd quarter. Focus Financial Network Inc. now owns 6,905 shares of the company’s stock worth $522,000 after purchasing an additional 1,698 shares in the last quarter. Redhawk Wealth Advisors Inc. purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter valued at $1,103,000. AFG Fiduciary Services Limited Partnership boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 47.6% in the second quarter. AFG Fiduciary Services Limited Partnership now owns 7,138 shares of the company’s stock worth $531,000 after buying an additional 2,302 shares during the period. Silver Oak Securities Incorporated purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at $352,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 38.2% during the second quarter. Farther Finance Advisors LLC now owns 8,382 shares of the company’s stock valued at $633,000 after buying an additional 2,315 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.3%

Shares of NASDAQ CIBR traded down $0.20 during mid-day trading on Friday, hitting $71.91. 878,599 shares of the company traded hands, compared to its average volume of 1,119,618. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34. The stock has a market capitalization of $10.85 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. The business has a 50 day moving average of $73.29 and a two-hundred day moving average of $74.21.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.2084 dividend. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. This represents a $0.83 annualized dividend and a dividend yield of 1.2%.

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.