Short Interest in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Increases By 187.8%

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 1,420,000 shares, a growth of 187.8% from the September 30th total of 493,400 shares. Based on an average daily trading volume, of 578,800 shares, the short-interest ratio is presently 2.5 days.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.3 %

Shares of CIBR stock opened at $61.11 on Monday. The stock has a 50-day simple moving average of $59.34 and a 200 day simple moving average of $56.63. The stock has a market capitalization of $6.89 billion, a P/E ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $43.51 and a fifty-two week high of $62.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Several hedge funds have recently made changes to their positions in CIBR. Cetera Investment Advisers boosted its holdings in First Trust Nasdaq Cybersecurity ETF by 327.8% during the first quarter. Cetera Investment Advisers now owns 391,088 shares of the company’s stock worth $22,053,000 after buying an additional 299,667 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 62.5% in the 1st quarter. Kestra Advisory Services LLC now owns 564,639 shares of the company’s stock worth $31,840,000 after acquiring an additional 217,159 shares during the last quarter. Marks Wealth LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth $11,378,000. Lee Johnson Capital Management LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the first quarter valued at $8,047,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $6,102,000.

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.