Short Interest in Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Rises By 200.1%

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 9,691 shares, an increase of 200.1% from the July 30th total of 3,229 shares. Based on an average daily volume of 2,055 shares, the short-interest ratio is presently 4.7 days. Approximately 8.1% of the shares of the company are sold short.

Xtrackers Cybersecurity Select Equity ETF Stock Up 7.1%

PSWD stock traded up $3.13 during mid-day trading on Thursday, reaching $47.11. The company had a trading volume of 1,396 shares, compared to its average volume of 1,188. The stock’s 50-day simple moving average is $42.91 and its two-hundred day simple moving average is $36.70. The stock has a market capitalization of $5.65 million, a P/E ratio of 28.10 and a beta of 1.06. Xtrackers Cybersecurity Select Equity ETF has a one year low of $28.72 and a one year high of $49.28.

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.