First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Down 52.5% in October

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 674,900 shares, a decline of 52.5% from the October 15th total of 1,420,000 shares. Based on an average daily trading volume, of 544,300 shares, the days-to-cover ratio is currently 1.2 days.

First Trust Nasdaq Cybersecurity ETF Stock Down 2.6 %

Shares of NASDAQ:CIBR traded down $1.70 during midday trading on Thursday, reaching $62.67. The company had a trading volume of 569,410 shares, compared to its average volume of 636,328. The business’s 50 day moving average price is $60.26 and its 200 day moving average price is $57.38. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $47.02 and a 1-year high of $65.29. The stock has a market cap of $7.06 billion, a PE ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.0108 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.07%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Hedge funds have recently bought and sold shares of the business. NBC Securities Inc. increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.3% during the second quarter. NBC Securities Inc. now owns 67,864 shares of the company’s stock worth $3,828,000 after purchasing an additional 205 shares during the period. Edmond DE Rothschild Holding S.A. grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 5.5% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 4,106 shares of the company’s stock worth $232,000 after purchasing an additional 215 shares in the last quarter. AE Wealth Management LLC boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 1.1% during the 2nd quarter. AE Wealth Management LLC now owns 20,190 shares of the company’s stock worth $1,139,000 after acquiring an additional 223 shares in the last quarter. SeaCrest Wealth Management LLC increased its stake in shares of First Trust Nasdaq Cybersecurity ETF by 0.7% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 34,834 shares of the company’s stock valued at $1,965,000 after purchasing an additional 228 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 7.3% during the 1st quarter. EP Wealth Advisors LLC now owns 3,655 shares of the company’s stock worth $206,000 after buying an additional 250 shares during the last quarter.

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.