First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Update

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 610,996 shares, a decline of 70.6% from the April 15th total of 2,079,481 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,435,291 shares, the short-interest ratio is presently 0.4 days.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.9%

Shares of CIBR stock traded up $0.69 on Friday, reaching $79.05. 2,032,963 shares of the stock were exchanged, compared to its average volume of 1,595,883. The business’s 50 day moving average price is $66.45 and its 200 day moving average price is $69.71. The company has a market capitalization of $11.98 billion, a price-to-earnings ratio of 30.11 and a beta of 0.85. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $60.07 and a twelve month high of $79.52.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1098 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.6%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Several large investors have recently bought and sold shares of CIBR. Russell Investments Group Ltd. boosted its stake in First Trust Nasdaq Cybersecurity ETF by 30.9% in the second quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock valued at $90,000 after acquiring an additional 280 shares in the last quarter. Brown Advisory Inc. boosted its stake in First Trust Nasdaq Cybersecurity ETF by 37.6% in the second quarter. Brown Advisory Inc. now owns 4,563 shares of the company’s stock valued at $345,000 after acquiring an additional 1,246 shares in the last quarter. Cerity Partners LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 38.9% in the second quarter. Cerity Partners LLC now owns 15,351 shares of the company’s stock valued at $1,160,000 after acquiring an additional 4,302 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in First Trust Nasdaq Cybersecurity ETF by 235.1% in the second quarter. Qube Research & Technologies Ltd now owns 160,290 shares of the company’s stock valued at $12,115,000 after acquiring an additional 112,459 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in First Trust Nasdaq Cybersecurity ETF in the second quarter valued at $332,000.

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.