Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Sees Significant Drop in Short Interest

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 3,229 shares, a decrease of 56.9% from the July 15th total of 7,487 shares. Based on an average daily trading volume, of 1,382 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.7% of the company’s stock are sold short.

Xtrackers Cybersecurity Select Equity ETF Stock Down 1.1%

Shares of PSWD traded down $0.53 during mid-day trading on Friday, hitting $48.33. The stock had a trading volume of 1,500 shares, compared to its average volume of 1,117. Xtrackers Cybersecurity Select Equity ETF has a fifty-two week low of $28.72 and a fifty-two week high of $49.28. The company has a market cap of $5.80 million, a PE ratio of 28.10 and a beta of 1.06. The company’s fifty day simple moving average is $41.60 and its two-hundred day simple moving average is $35.89.

About Xtrackers Cybersecurity Select Equity ETF

The Xtrackers Cybersecurity Select Equity ETF (PSWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies globally that are engaged in the cybersecurity industry. The index screens securities based on various ESG criteria provided by Sustainalytics PSWD was launched on Jul 13, 2023 and is issued by Xtrackers.