First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) Short Interest Down 38.8% in October
First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR - Get Rating) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 814,400 shares, a decline of 38.8% from the October 15th total of 1,330,000 shares. Based on an average daily volume of 579,200 shares, the short-interest ratio is presently 1.4 days.
First Trust NASDAQ Cybersecurity ETF Price Performance
Shares of First Trust NASDAQ Cybersecurity ETF stock traded up $0.69 on Friday, hitting $40.89. The company's stock had a trading volume of 573,682 shares, compared to its average volume of 978,308. First Trust NASDAQ Cybersecurity ETF has a 1 year low of $36.03 and a 1 year high of $56.14. The firm has a fifty day moving average price of $39.95 and a 200-day moving average price of $41.75.
Hedge Funds Weigh In On First Trust NASDAQ Cybersecurity ETF
Several institutional investors and hedge funds have recently modified their holdings of CIBR. Bank of America Corp DE boosted its holdings in First Trust NASDAQ Cybersecurity ETF by 19.2% in the 1st quarter. Bank of America Corp DE now owns 9,084,025 shares of the company's stock worth $482,451,000 after buying an additional 1,462,745 shares during the last quarter. UBS Group AG boosted its holdings in First Trust NASDAQ Cybersecurity ETF by 8.3% in the 3rd quarter. UBS Group AG now owns 5,254,306 shares of the company's stock worth $202,343,000 after buying an additional 401,697 shares during the last quarter. LPL Financial LLC boosted its holdings in First Trust NASDAQ Cybersecurity ETF by 6.4% in the 2nd quarter. LPL Financial LLC now owns 2,717,829 shares of the company's stock worth $109,365,000 after buying an additional 163,891 shares during the last quarter. Citigroup Inc. boosted its holdings in First Trust NASDAQ Cybersecurity ETF by 810.8% in the 1st quarter. Citigroup Inc. now owns 2,675,644 shares of the company's stock worth $142,103,000 after buying an additional 2,381,861 shares during the last quarter. Finally, Prudential PLC boosted its holdings in First Trust NASDAQ Cybersecurity ETF by 45.3% in the 2nd quarter. Prudential PLC now owns 2,504,410 shares of the company's stock worth $100,778,000 after buying an additional 780,769 shares during the last quarter.
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