The First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR – Get Rating) saw a significant decline in short-term interest in August. As of August 31, there was short interest totaling 1,020,000 shares, down 17.7% from the total of 1,240,000 shares as of August 15. Based on an average daily volume of 721,700 shares, the day-to-cover ratio is currently 1.4 days.

Hedge funds weigh on First Trust NASDAQ Cybersecurity ETF

Institutional investors have recently changed their stake in the company. CVA Family Office LLC purchased a new stake in First Trust NASDAQ Cybersecurity ETF during the first quarter at a value of $27,000. Herold Advisors Inc. bought a new stake in First Trust NASDAQ Cybersecurity ETF during the first quarter for a value of $27,000. Capital Analysts LLC purchased a new stake in First Trust NASDAQ Cybersecurity ETF during the first quarter at a value of $30,000. Asset Dedication LLC increased its holdings in First Trust NASDAQ Cybersecurity ETF by 61.6% during the second quarter. Asset Dedication LLC now owns 656 shares of the company worth $26,000 after purchasing an additional 250 shares in the last quarter. Finally, Pinnacle Bancorp Inc. increased its holdings in First Trust NASDAQ Cybersecurity ETF by 137.3% during the second quarter. Pinnacle Bancorp Inc. now owns 712 shares of the company worth $29,000 after buying 412 more shares in the last quarter.

First Trust’s NASDAQ Cybersecurity ETF Price Performance

NASDAQ:CIBR shares traded down $0.87 during Friday’s trading, hitting $40.80. 595,257 shares were traded, against an average volume of 1,067,000. First Trust NASDAQ Cybersecurity ETF has a 1-year low of $38.08 and a 1-year high of $56.58. The stock has a fifty-day moving average of $43.09 and a two-hundred-day moving average of $44.95.

First Trust NASDAQ Cybersecurity ETF Cuts Dividends

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30. Shareholders of record on Monday, June 27 received a dividend of $0.003 per share. This represents a dividend of $0.01 on an annualized basis and a dividend yield of 0.03%. The ex-dividend date was Friday, June 24.

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