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

Xtrackers Cybersecurity Select Equity ETF (NASDAQ:PSWD) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 400 shares, a decrease of 42.9% from the November 30th total of 700 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 1.3 days.

Xtrackers Cybersecurity Select Equity ETF Stock Up 0.6 %

NASDAQ PSWD opened at $33.38 on Friday. The firm has a market capitalization of $6.68 million, a PE ratio of 31.00 and a beta of 1.33. The stock’s 50 day moving average is $33.44 and its 200 day moving average is $31.75. Xtrackers Cybersecurity Select Equity ETF has a twelve month low of $27.66 and a twelve month high of $35.42.

Xtrackers Cybersecurity Select Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 20th will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend is Friday, December 20th. This is a boost from Xtrackers Cybersecurity Select Equity ETF’s previous quarterly dividend of $0.01.

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.