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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of 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. Based on an average trading volume of 905,483 shares, the short-interest ratio is presently 1.3 days. Approximately 0.8% of the shares of the stock are short sold. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 905,483 shares, the short-interest ratio is presently 1.3 days.

First Trust Nasdaq Cybersecurity ETF Price Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $71.91 on Friday. The firm has a market capitalization of $10.83 billion, a P/E ratio of 30.11 and a beta of 0.93. The stock has a fifty day moving average price of $73.29 and a two-hundred day moving average price of $74.21. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $55.02 and a 52-week high of $78.34.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

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

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Several large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of 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 in the last quarter. Laurel Wealth Advisors LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 7,426.6% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,535,556 shares of the company’s stock valued at $342,797,000 after purchasing an additional 4,475,296 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 20.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,661,705 shares of the company’s stock valued at $126,267,000 after purchasing an additional 276,850 shares in the last quarter. Parker Investment Management LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $20,601,000. Finally, Marks Wealth LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF in the second quarter worth $18,661,000.

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.