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 target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,584,839 shares, a growth of 56.6% from the August 31st total of 1,012,339 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 1,633,376 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Several large investors have recently made changes to their positions in CIBR. Sava Penzisko Drushtvo A.D. Skopje acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at $13,918,000. Rockefeller Capital Management L.P. grew its holdings in First Trust Nasdaq Cybersecurity ETF by 31.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 640,759 shares of the company’s stock worth $45,782,000 after acquiring an additional 152,586 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. increased 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 purchasing an additional 5,493 shares during the last quarter. RFG Advisory LLC increased its position 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 worth $4,121,000 after purchasing an additional 8,781 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake 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 purchasing an additional 18,167 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of NASDAQ:CIBR traded up $1.21 during trading on Wednesday, reaching $103.18. 2,125,822 shares of the stock were exchanged, compared to its average volume of 1,622,474. The firm’s 50-day moving average price is $96.89 and its 200 day moving average price is $84.48. The firm has a market cap of $17.29 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $60.07 and a 12-month high of $104.25.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.