First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Down 57.9% in January

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 469,955 shares, a decline of 57.9% from the January 15th total of 1,115,720 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,178,266 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 1,178,266 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Hedge funds have recently made changes to their positions in the company. US Bancorp DE increased its position in First Trust Nasdaq Cybersecurity ETF by 46.7% during the second quarter. US Bancorp DE now owns 45,642 shares of the company’s stock worth $3,450,000 after buying an additional 14,539 shares during the period. Blue Trust Inc. acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth $38,000. Sequoia Financial Advisors LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth $403,000. Moran Wealth Management LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 80.9% in the second quarter. Moran Wealth Management LLC now owns 10,905 shares of the company’s stock valued at $824,000 after buying an additional 4,878 shares during the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 5.4% during the second quarter. Harbour Investments Inc. now owns 51,766 shares of the company’s stock worth $3,912,000 after buying an additional 2,639 shares during the period.

First Trust Nasdaq Cybersecurity ETF Trading Up 2.7%

CIBR stock traded up $1.73 during trading on Friday, hitting $66.83. 1,363,036 shares of the company’s stock were exchanged, compared to its average volume of 1,412,432. The stock has a market capitalization of $10.26 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $55.02 and a 52-week high of $78.34. The business has a 50-day moving average price of $71.33 and a two-hundred day moving average price of $73.44.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.2084 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 1.2%. This is a boost from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Friday, December 12th.

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.