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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 610,996 shares, a drop of 70.6% from the April 15th total of 2,079,481 shares. Based on an average daily volume of 1,435,291 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the company’s shares are sold short.

First Trust Nasdaq Cybersecurity ETF Trading Down 0.8%

CIBR opened at $74.84 on Wednesday. The company has a fifty day moving average price of $65.91 and a two-hundred day moving average price of $69.71. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $60.07 and a 1-year high of $78.34. The company has a market cap of $11.34 billion, a P/E ratio of 30.11 and a beta of 0.85.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.1098 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.44 annualized dividend and a yield of 0.6%.

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 30.9% during the second quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock valued at $90,000 after buying an additional 280 shares during the last quarter. Brown Advisory Inc. raised its position in First Trust Nasdaq Cybersecurity ETF by 37.6% in the 2nd quarter. Brown Advisory Inc. now owns 4,563 shares of the company’s stock valued at $345,000 after buying an additional 1,246 shares during the last quarter. Cerity Partners LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 38.9% in the 2nd quarter. Cerity Partners LLC now owns 15,351 shares of the company’s stock valued at $1,160,000 after buying an additional 4,302 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in First Trust Nasdaq Cybersecurity ETF by 235.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 160,290 shares of the company’s stock valued at $12,115,000 after acquiring an additional 112,459 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth $332,000.

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.