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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 788,384 shares, an increase of 77.1% from the November 30th total of 445,147 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 702,137 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 702,137 shares, the short-interest ratio is currently 1.1 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

A number of hedge funds have recently modified their holdings of CIBR. Bank of America Corp DE increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 91.4% during the 3rd 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. Laurel Wealth Advisors LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 7,426.6% during the second quarter. Laurel Wealth Advisors LLC now owns 4,535,556 shares of the company’s stock worth $342,797,000 after acquiring an additional 4,475,296 shares during the last quarter. Ameriprise Financial Inc. increased its stake in First Trust Nasdaq Cybersecurity ETF by 20.0% during the third quarter. Ameriprise Financial Inc. now owns 1,661,705 shares of the company’s stock worth $126,267,000 after acquiring an additional 276,850 shares during the last quarter. Parker Investment Management LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the second quarter valued at $20,601,000. Finally, Marks Wealth LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $18,661,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $73.14 on Friday. The business has a 50 day simple moving average of $74.63 and a 200-day simple moving average of $74.36. The firm has a market capitalization of $10.89 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a $0.2084 dividend. This is a boost from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.1%.

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.