Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) Sees Significant Growth in Short Interest

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 400 shares, an increase of 33.3% from the August 15th total of 300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1.0 days.

Xtrackers Cybersecurity Select Equity ETF Stock Performance

Xtrackers Cybersecurity Select Equity ETF stock traded up $0.30 on Monday, reaching $31.60. The company’s stock had a trading volume of 75 shares, compared to its average volume of 495. The company has a market cap of $6.32 million, a price-to-earnings ratio of 31.00 and a beta of 1.33. The business’s fifty day moving average price is $30.72 and its 200 day moving average price is $30.16. Xtrackers Cybersecurity Select Equity ETF has a twelve month low of $23.76 and a twelve month high of $33.00.

Xtrackers Cybersecurity Select Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 21st were given a dividend of $0.0093 per share. The ex-dividend date was Friday, June 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.12%.

About Xtrackers Cybersecurity Select Equity ETF

The Xtrackers Cybersecurity Select Equity ETF (PSWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies globally that are engaged in the cybersecurity industry. The index screens securities based on various ESG criteria provided by Sustainalytics PSWD was launched on Jul 13, 2023 and is issued by Xtrackers.