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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 983,787 shares, an increase of 21.2% from the February 26th total of 811,591 shares. Based on an average trading volume of 1,741,913 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Several large investors have recently made changes to their positions in CIBR. eCIO Inc. bought a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $25,000. Nemes Rush Group LLC boosted its position in First Trust Nasdaq Cybersecurity ETF by 94.1% during the 4th quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares during the period. Salem Investment Counselors Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF during the 3rd quarter worth $28,000. Gilpin Wealth Management LLC bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $28,000. Finally, Hollencrest Capital Management bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter worth $29,000.

First Trust Nasdaq Cybersecurity ETF Stock Up 3.1%

CIBR stock opened at $62.68 on Wednesday. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $55.02 and a fifty-two week high of $78.34. The firm’s 50-day simple moving average is $65.86 and its 200 day simple moving average is $71.51. The stock has a market cap of $9.62 billion, a PE ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.1098 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.44 annualized dividend and a yield of 0.7%.

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.