Global X Cybersecurity ETF (NASDAQ:BUG) Short Interest Update

Global X Cybersecurity ETF (NASDAQ:BUG) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 230,400 shares, a decline of 20.3% from the December 15th total of 289,000 shares. Based on an average daily volume of 136,200 shares, the days-to-cover ratio is presently 1.7 days.

Global X Cybersecurity ETF Stock Down 0.4 %

BUG stock traded down $0.13 during trading on Friday, reaching $32.49. The stock had a trading volume of 121,703 shares, compared to its average volume of 151,946. Global X Cybersecurity ETF has a one year low of $26.03 and a one year high of $34.92. The company’s 50 day moving average is $33.01 and its two-hundred day moving average is $31.22. The company has a market capitalization of $801.85 million, a price-to-earnings ratio of 29.10 and a beta of 0.86.

Global X Cybersecurity ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a dividend of $0.0305 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC grew its position in shares of Global X Cybersecurity ETF by 213.1% during the 3rd quarter. FMR LLC now owns 1,221 shares of the company’s stock valued at $38,000 after acquiring an additional 831 shares during the period. PVG Asset Management Corp purchased a new position in Global X Cybersecurity ETF in the second quarter valued at approximately $329,000. Granite Bay Wealth Management LLC purchased a new stake in Global X Cybersecurity ETF in the second quarter worth $8,858,000. Intrepid Financial Planning Group LLC raised its stake in shares of Global X Cybersecurity ETF by 3.4% in the second quarter. Intrepid Financial Planning Group LLC now owns 12,448 shares of the company’s stock valued at $368,000 after buying an additional 411 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of Global X Cybersecurity ETF by 7.9% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,730 shares of the company’s stock valued at $301,000 after buying an additional 709 shares during the last quarter.

Global X Cybersecurity ETF Company Profile

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.