First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Short Interest Update

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,450,000 shares, a growth of 47.6% from the February 13th total of 982,700 shares. Based on an average daily trading volume, of 781,200 shares, the short-interest ratio is presently 1.9 days. Currently, 1.2% of the shares of the company are sold short.

First Trust Nasdaq Cybersecurity ETF Stock Up 3.3 %

CIBR stock traded up $2.09 during trading on Friday, hitting $64.81. The company had a trading volume of 457,697 shares, compared to its average volume of 610,093. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $50.52 and a 1-year high of $71.92. The firm has a 50-day moving average price of $66.76 and a 200-day moving average price of $63.39. The firm has a market cap of $7.90 billion, a PE ratio of 33.06 and a beta of 0.92.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Hedge funds have recently modified their holdings of the stock. Moloney Securities Asset Management LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 1.2% during the 4th quarter. Moloney Securities Asset Management LLC now owns 12,383 shares of the company’s stock worth $786,000 after buying an additional 152 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings 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 lifted its position in First Trust Nasdaq Cybersecurity ETF by 2.5% in the fourth quarter. Fiduciary Trust Co now owns 6,618 shares of the company’s stock valued at $420,000 after purchasing an additional 160 shares during the period. Visionary Wealth Advisors increased its position in First Trust Nasdaq Cybersecurity ETF by 3.2% during the 4th quarter. Visionary Wealth Advisors now owns 5,232 shares of the company’s stock worth $332,000 after purchasing an additional 163 shares during the period. Finally, Huntington National Bank raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 26.8% during the 4th quarter. Huntington National Bank now owns 785 shares of the company’s stock worth $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.