During December, the number of short positions in First Trust NASDAQ Cybersecurity ETF (NASDAQ: CIBR) dropped dramatically. Compared to the total number of 880,200 shares that were available for a short sale on November 30, a total of 684,900 shares were available for a short sale as of December 15. This represents a decrease of 22.2% from the total number of shares that were available for a short sale on November 30. The current short-interest ratio is 1.1 days, derived from the average daily volume of short shares sold is 651,400. This number was used to calculate the current value of the short-interest ratio.
In addition, the company has just recently announced and disbursed a quarterly dividend, which was paid out on Friday, December 30. This dividend was just recently declared and distributed. On Tuesday, December 27, dividend payments of $0.095 per share were made to…
