First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Up 23.1% in May

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 504,600 shares, a growth of 23.1% from the May 15th total of 409,900 shares. Based on an average daily volume of 945,100 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $72.93 on Thursday. The company has a 50 day moving average price of $68.80 and a 200 day moving average price of $66.59. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $50.52 and a fifty-two week high of $73.82. The stock has a market capitalization of $9.03 billion, a PE ratio of 31.46 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.0043 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.02 dividend on an annualized basis and a yield of 0.02%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CIBR. Hopwood Financial Services Inc. bought a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth about $25,000. SVB Wealth LLC bought a new position in First Trust Nasdaq Cybersecurity ETF during the 1st quarter worth approximately $32,000. Crews Bank & Trust acquired a new position in First Trust Nasdaq Cybersecurity ETF during the first quarter valued at approximately $35,000. Stonebridge Financial Group LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the first quarter valued at approximately $35,000. Finally, Noble Wealth Management PBC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at approximately $36,000.

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.