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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 187,900 shares, a decline of 9.8% from the August 31st total of 208,400 shares. Based on an average daily volume of 608,500 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.4 %

NASDAQ CIBR traded down $0.25 during trading hours on Friday, hitting $59.18. 507,254 shares of the company were exchanged, compared to its average volume of 665,806. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. The company has a 50 day moving average of $57.02 and a two-hundred day moving average of $55.97. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $43.51 and a 52-week high of $60.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be issued a $0.0108 dividend. The ex-dividend date is Thursday, September 26th. This represents a $0.04 annualized dividend and a yield of 0.07%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $6,102,000. KPP Advisory Services LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 25.1% in the second quarter. KPP Advisory Services LLC now owns 5,259 shares of the company’s stock valued at $297,000 after buying an additional 1,056 shares in the last quarter. Cetera Investment Advisers raised its stake in First Trust Nasdaq Cybersecurity ETF by 10.8% in the second quarter. Cetera Investment Advisers now owns 433,269 shares of the company’s stock valued at $24,445,000 after buying an additional 42,181 shares in the last quarter. Truist Financial Corp boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 13.2% during the 2nd quarter. Truist Financial Corp now owns 206,938 shares of the company’s stock worth $11,675,000 after acquiring an additional 24,202 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 2.6% during the 2nd quarter. Gateway Wealth Partners LLC now owns 16,014 shares of the company’s stock worth $903,000 after acquiring an additional 406 shares in the last quarter.

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.