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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 664,100 shares, a drop of 54.2% from the February 28th total of 1,450,000 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 810,900 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Several large investors have recently modified their holdings of the business. Triton Wealth Management PLLC grew its position in shares of First Trust Nasdaq Cybersecurity ETF by 17.3% during the fourth quarter. Triton Wealth Management PLLC now owns 7,707 shares of the company’s stock worth $486,000 after buying an additional 1,139 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in First Trust Nasdaq Cybersecurity ETF by 32.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 155,495 shares of the company’s stock worth $9,866,000 after acquiring an additional 38,050 shares in the last quarter. Castle Rock Wealth Management LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 4.8% in the 4th quarter. Castle Rock Wealth Management LLC now owns 17,658 shares of the company’s stock worth $1,120,000 after purchasing an additional 809 shares during the last quarter. Armis Advisers LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at about $313,000. Finally, Ameriflex Group Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $118,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of NASDAQ:CIBR traded down $1.22 during midday trading on Friday, hitting $63.39. 1,855,558 shares of the company’s stock traded hands, compared to its average volume of 636,068. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $50.52 and a twelve month high of $71.92. The company has a market cap of $7.52 billion, a PE ratio of 33.06 and a beta of 1.00. The firm’s fifty day moving average price is $67.01 and its two-hundred day moving average price is $63.92.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.0043 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend is Thursday, March 27th.

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.