First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Up 51.1% in November

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,020,000 shares, a growth of 51.1% from the October 31st total of 674,900 shares. Based on an average trading volume of 562,500 shares, the days-to-cover ratio is presently 1.8 days.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.3 %

CIBR stock traded up $0.17 during midday trading on Friday, hitting $63.17. The company’s stock had a trading volume of 242,435 shares, compared to its average volume of 632,832. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. The stock’s 50-day moving average price is $61.56 and its 200 day moving average price is $58.08. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $49.31 and a 1 year high of $65.29.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0108 dividend. This represents a $0.04 dividend on an annualized basis and a dividend 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 institutional investors have recently added to or reduced their stakes in CIBR. LPL Financial LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 5.4% in the third quarter. LPL Financial LLC now owns 3,333,428 shares of the company’s stock valued at $197,439,000 after acquiring an additional 171,297 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in First Trust Nasdaq Cybersecurity ETF by 5.5% during the second quarter. Commonwealth Equity Services LLC now owns 908,624 shares of the company’s stock valued at $51,265,000 after purchasing an additional 47,489 shares during the period. Raymond James & Associates increased its position in First Trust Nasdaq Cybersecurity ETF by 11.9% in the second quarter. Raymond James & Associates now owns 823,198 shares of the company’s stock worth $46,445,000 after buying an additional 87,450 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 10.9% in the second quarter. Envestnet Asset Management Inc. now owns 630,032 shares of the company’s stock valued at $35,546,000 after buying an additional 61,931 shares during the period. Finally, Axxcess Wealth Management LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 8,717.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 547,583 shares of the company’s stock valued at $32,433,000 after buying an additional 541,373 shares during 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.