Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Short Interest Down 56.9% in July

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,229 shares, a decline of 56.9% from the July 15th total of 7,487 shares. Approximately 2.7% of the company’s shares are sold short. Based on an average daily trading volume, of 1,382 shares, the days-to-cover ratio is presently 2.3 days.

Xtrackers Cybersecurity Select Equity ETF Trading Down 1.1%

Xtrackers Cybersecurity Select Equity ETF stock traded down $0.53 during midday trading on Friday, reaching $48.33. 1,500 shares of the stock traded hands, compared to its average volume of 1,117. The company has a 50-day simple moving average of $41.60 and a two-hundred day simple moving average of $35.89. Xtrackers Cybersecurity Select Equity ETF has a 12-month low of $28.72 and a 12-month high of $49.28. The firm has a market cap of $5.80 million, a PE ratio of 28.10 and a beta of 1.06.

About Xtrackers Cybersecurity Select Equity ETF

The Xtrackers Cybersecurity Select Equity ETF (PSWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies globally that are engaged in the cybersecurity industry. The index screens securities based on various ESG criteria provided by Sustainalytics PSWD was launched on Jul 13, 2023 and is issued by Xtrackers.