Short Interest in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Rises By 91.9%

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 982,700 shares, an increase of 91.9% from the January 31st total of 512,100 shares. Based on an average daily trading volume, of 700,600 shares, the days-to-cover ratio is presently 1.4 days.

First Trust Nasdaq Cybersecurity ETF Stock Performance

CIBR opened at $66.11 on Friday. First Trust Nasdaq Cybersecurity ETF has a one year low of $50.52 and a one year high of $71.92. The stock has a market capitalization of $7.84 billion, a PE ratio of 31.82 and a beta of 1.00. The business’s 50 day moving average price is $66.65 and its 200 day moving average price is $62.97.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CIBR. Moloney Securities Asset Management LLC lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 1.2% in the 4th quarter. Moloney Securities Asset Management LLC now owns 12,383 shares of the company’s stock worth $786,000 after acquiring an additional 152 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 17.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,103 shares of the company’s stock worth $71,000 after purchasing an additional 160 shares in the last quarter. Fiduciary Trust Co boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 2.5% during the fourth quarter. Fiduciary Trust Co now owns 6,618 shares of the company’s stock worth $420,000 after buying an additional 160 shares during the period. Visionary Wealth Advisors grew its stake in shares of First Trust Nasdaq Cybersecurity ETF by 3.2% in the fourth quarter. Visionary Wealth Advisors now owns 5,232 shares of the company’s stock valued at $332,000 after buying an additional 163 shares in the last quarter. Finally, Huntington National Bank grew its stake in shares of First Trust Nasdaq Cybersecurity ETF by 26.8% in the fourth quarter. Huntington National Bank now owns 785 shares of the company’s stock valued at $50,000 after buying an additional 166 shares in 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.