First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Down 35.2% in December

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 551,200 shares, a drop of 35.2% from the December 15th total of 850,600 shares. Based on an average daily volume of 558,300 shares, the short-interest ratio is presently 1.0 days.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.0 %

Shares of CIBR traded up $0.03 during mid-day trading on Friday, reaching $64.74. 678,964 shares of the stock traded hands, compared to its average volume of 651,969. The company has a market cap of $7.53 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $50.52 and a 1 year high of $67.10. The firm has a fifty day moving average price of $64.04 and a 200 day moving average price of $60.35.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0812 per share. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Institutional investors have recently added to or reduced their stakes in the business. Ashton Thomas Securities LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter worth about $26,000. Armstrong Advisory Group Inc. lifted its position in First Trust Nasdaq Cybersecurity ETF by 133.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 539 shares of the company’s stock valued at $34,000 after purchasing an additional 308 shares during the last quarter. Eastern Bank purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth approximately $39,000. Modus Advisors LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $43,000. Finally, Values First Advisors Inc. bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth $46,000.

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.