First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Shares Shorted: Short Interest Up 56.6% in September

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,584,839 shares, an increase of 56.6% from the August 31st total of 1,012,339 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,633,376 shares, the days-to-cover ratio is currently 1.0 days.

First Trust Nasdaq Cybersecurity ETF Trading Up 1.2%

NASDAQ CIBR traded up $1.21 on Wednesday, hitting $103.18. 2,125,822 shares of the stock traded hands, compared to its average volume of 1,622,474. The stock has a 50-day moving average of $96.89 and a 200 day moving average of $84.48. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $60.07 and a twelve month high of $104.25. The company has a market capitalization of $17.29 billion, a P/E ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be given a dividend of $0.0029 per share. The ex-dividend date of this dividend is Thursday, September 24th. This represents a $0.01 annualized dividend and a dividend yield of 0.0%. This is a decrease from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Large investors have recently added to or reduced their stakes in the company. Sava Penzisko Drushtvo A.D. Skopje bought a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at $13,918,000. Rockefeller Capital Management L.P. lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 31.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 640,759 shares of the company’s stock worth $45,782,000 after buying an additional 152,586 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 144.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 9,294 shares of the company’s stock worth $583,000 after buying an additional 5,493 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 23.7% in the 2nd quarter. RFG Advisory LLC now owns 45,861 shares of the company’s stock valued at $4,121,000 after buying an additional 8,781 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 40.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 63,566 shares of the company’s stock valued at $5,711,000 after buying an additional 18,167 shares during the period.

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.