Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Short Interest Up 200.1% in August

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 9,691 shares, an increase of 200.1% from the July 30th total of 3,229 shares. Approximately 8.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,055 shares, the days-to-cover ratio is currently 4.7 days.

Xtrackers Cybersecurity Select Equity ETF Trading Down 2.8%

NASDAQ:PSWD traded down $1.31 during midday trading on Friday, reaching $45.80. The company had a trading volume of 4,064 shares, compared to its average volume of 1,205. The stock’s fifty day simple moving average is $43.07 and its 200-day simple moving average is $36.76. Xtrackers Cybersecurity Select Equity ETF has a 12-month low of $28.72 and a 12-month high of $49.28. The firm has a market capitalization of $5.50 million, a price-to-earnings ratio of 28.10 and a beta of 1.06.

About Xtrackers Cybersecurity Select Equity ETF

The Xtrackers Cybersecurity Select Equity ETF (PSWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies globally that are engaged in the cybersecurity industry. The index screens securities based on various ESG criteria provided by Sustainalytics PSWD was launched on Jul 13, 2023 and is issued by Xtrackers.