Short Interest in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Decreases By 9.8%

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 187,900 shares, a decline of 9.8% from the August 31st total of 208,400 shares. Based on an average daily trading volume, of 608,500 shares, the short-interest ratio is presently 0.3 days.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR traded down $0.25 on Friday, hitting $59.18. The company had a trading volume of 507,254 shares, compared to its average volume of 665,806. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $43.51 and a 1-year high of $60.00. The company’s fifty day moving average price is $57.02 and its 200 day moving average price is $55.97. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, September 26th will be issued a dividend of $0.0108 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.07%. The ex-dividend date is Thursday, September 26th.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

A number of institutional investors have recently made changes to their positions in CIBR. Fairfield Financial Advisors LTD acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at approximately $28,000. Stephens Consulting LLC increased its position in First Trust Nasdaq Cybersecurity ETF by 58.8% during the first quarter. Stephens Consulting LLC now owns 540 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the period. Northwest Investment Counselors LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the 1st quarter valued at $32,000. Signaturefd LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $37,000. Finally, Retirement Group LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 75.0% in the 1st quarter. Retirement Group LLC now owns 700 shares of the company’s stock worth $39,000 after purchasing an additional 300 shares during the last quarter.

About First Trust Nasdaq Cybersecurity ETF

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.