Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Sees Large Decrease in Short Interest

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 4,551 shares, a drop of 50.9% from the October 15th total of 9,266 shares. Based on an average daily volume of 1,444 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.3% of the company’s stock are short sold.

Xtrackers Cybersecurity Select Equity ETF Stock Down 0.5%

PSWD stock traded down $0.23 during midday trading on Friday, reaching $43.05. 461 shares of the company’s stock traded hands, compared to its average volume of 1,461. The firm’s fifty day moving average price is $46.65 and its 200-day moving average price is $39.23. Xtrackers Cybersecurity Select Equity ETF has a 52 week low of $28.72 and a 52 week high of $51.04. The company has a market cap of $6.03 million, a price-to-earnings ratio of 34.42 and a beta of 1.06.

Xtrackers Cybersecurity Select Equity ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 18th were issued a dividend of $0.0441 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, September 18th.

About Xtrackers Cybersecurity Select Equity ETF

(Get Free Report)

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.

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