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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 761,501 shares, a growth of 122.5% from the June 15th total of 342,203 shares. Based on an average daily volume of 1,470,089 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the company’s shares are sold short.

First Trust Nasdaq Cybersecurity ETF Trading Down 1.1%

Shares of CIBR traded down $0.98 during midday trading on Thursday, hitting $92.11. The stock had a trading volume of 523,078 shares, compared to its average volume of 1,625,250. The business has a 50-day simple moving average of $85.71 and a two-hundred day simple moving average of $73.65. The firm has a market cap of $14.30 billion, a P/E ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $95.96.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0721 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.3%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its stake in 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 valued at $1,129,541,000 after acquiring an additional 7,097,058 shares in the last quarter. Morgan Stanley boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock worth $968,652,000 after purchasing an additional 394,758 shares during the period. LPL Financial LLC boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after purchasing an additional 430,986 shares during the period. UBS Group AG grew its position in First Trust Nasdaq Cybersecurity ETF by 0.7% during the third quarter. UBS Group AG now owns 5,603,139 shares of the company’s stock valued at $425,895,000 after purchasing an additional 38,404 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in First Trust Nasdaq Cybersecurity ETF by 9.7% in the 4th quarter. Wells Fargo & Company MN now owns 4,708,419 shares of the company’s stock valued at $336,417,000 after buying an additional 417,396 shares during the period.

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.