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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 811,591 shares, a drop of 16.8% from the February 12th total of 974,923 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 1,895,770 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 1,895,770 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% of the company’s stock are sold short.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.7%

NASDAQ CIBR opened at $64.97 on Wednesday. The stock has a market capitalization of $9.98 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $55.02 and a 12-month high of $78.34. The company has a 50 day moving average price of $67.64 and a two-hundred day moving average price of $72.25.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Several institutional investors and hedge funds have recently modified their holdings of CIBR. Bank of America Corp DE increased its position in First Trust Nasdaq Cybersecurity ETF by 91.4% during the third quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock worth $1,129,541,000 after buying an additional 7,097,058 shares during the last quarter. Morgan Stanley lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 3.0% in the fourth quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock worth $968,652,000 after buying an additional 394,758 shares during the last quarter. LPL Financial LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after buying an additional 430,986 shares during the last quarter. UBS Group AG boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 0.7% during the 3rd quarter. UBS Group AG now owns 5,603,139 shares of the company’s stock worth $425,895,000 after acquiring an additional 38,404 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 9.7% during the 4th quarter. Wells Fargo & Company MN now owns 4,708,419 shares of the company’s stock worth $336,417,000 after acquiring an additional 417,396 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Company Profile

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.