First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Shares Shorted: Short Interest Up 56.6% in September

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,584,839 shares, an increase of 56.6% from the August 31st total of 1,012,339 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 1,633,376 shares, the days-to-cover ratio is presently 1.0 days.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.7%

Shares of NASDAQ:CIBR opened at $103.78 on Friday. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $60.07 and a 52-week high of $104.64. The stock has a market cap of $17.39 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The business has a 50-day moving average price of $97.21 and a 200-day moving average price of $84.75.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.0029 dividend. This is a drop from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721. The ex-dividend date was Thursday, September 24th. This represents a $0.01 annualized dividend and a yield of 0.0%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

A number of institutional investors have recently bought and sold shares of CIBR. LPL Financial LLC boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock valued at $415,135,000 after acquiring an additional 430,986 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 33.7% during the second quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock worth $94,582,000 after purchasing an additional 265,279 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 12.4% during the first quarter. First Trust Advisors LP now owns 1,184,040 shares of the company’s stock worth $74,189,000 after purchasing an additional 130,676 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in First Trust Nasdaq Cybersecurity ETF by 0.8% during the second quarter. Envestnet Asset Management Inc. now owns 789,156 shares of the company’s stock valued at $70,906,000 after purchasing an additional 6,069 shares during the period. Finally, Cetera Investment Advisers lifted its position in First Trust Nasdaq Cybersecurity ETF by 1.6% during the first quarter. Cetera Investment Advisers now owns 910,185 shares of the company’s stock valued at $57,050,000 after purchasing an additional 14,420 shares during the period.

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.