First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Stock Short Interest Report for October

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 630,138 shares, a decline of 77.6% from the September 30th total of 2,817,209 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 2,169,643 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Nasdaq Cybersecurity ETF Price Performance

NASDAQ CIBR traded down $1.73 on Wednesday, reaching $107.92. The stock had a trading volume of 1,687,561 shares, compared to its average volume of 1,690,912. The company has a market cap of $18.67 billion, a P/E ratio of 30.11 and a beta of 0.93. The firm has a fifty day moving average of $100.75 and a two-hundred day moving average of $82.75. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $60.07 and a 1-year high of $110.68.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.0029 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This is a drop from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.0%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Hedge funds have recently bought and sold shares of the business. Parkway Wealth Management Group LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 3rd quarter valued at about $41,972,000. HighTower Advisors LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 33.7% during the second quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock worth $94,582,000 after purchasing an additional 265,279 shares during the period. Park National Corp OH bought a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $29,018,000. First Trust Advisors LP raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 12.4% in the first quarter. First Trust Advisors LP now owns 1,184,040 shares of the company’s stock valued at $74,189,000 after buying an additional 130,676 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the first quarter valued at approximately $7,031,000.

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.