First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Up 107.5% in February

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 974,923 shares, an increase of 107.5% from the January 29th total of 469,955 shares. Based on an average trading volume of 1,882,373 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 1,882,373 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Institutional investors have recently added to or reduced their stakes in the stock. TD Capital Management LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 1.2% in the 4th quarter. TD Capital Management LLC now owns 17,544 shares of the company’s stock worth $1,254,000 after purchasing an additional 210 shares during the last quarter. Tempo Wealth LLC bought a new position in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth about $419,000. Astoria Portfolio Advisors LLC. acquired a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $266,000. Barnes Wealth Management Group Inc increased its holdings in First Trust Nasdaq Cybersecurity ETF by 61.2% in the fourth quarter. Barnes Wealth Management Group Inc now owns 5,709 shares of the company’s stock valued at $408,000 after buying an additional 2,168 shares during the last quarter. Finally, Floyd Financial Group LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 2.0% in the fourth quarter. Floyd Financial Group LLC now owns 46,264 shares of the company’s stock valued at $3,306,000 after buying an additional 926 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR traded down $1.29 on Friday, reaching $62.58. The company’s stock had a trading volume of 792,245 shares, compared to its average volume of 1,565,129. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34. The business’s 50 day moving average is $69.58 and its 200 day moving average is $72.92. The stock has a market cap of $9.61 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.2084 per share. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.3%.

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.