iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Update

iShares Exponential Technologies ETF (NASDAQ:XT) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 77,900 shares, a growth of 21.9% from the October 15th total of 63,900 shares. Based on an average daily trading volume, of 96,100 shares, the short-interest ratio is presently 0.8 days.

iShares Exponential Technologies ETF Stock Down 1.7 %

Shares of NASDAQ:XT opened at $59.17 on Friday. The company has a 50 day moving average of $59.97 and a two-hundred day moving average of $59.07. iShares Exponential Technologies ETF has a 52-week low of $53.00 and a 52-week high of $61.87. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02.

Institutional Trading of iShares Exponential Technologies ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. grew its stake in iShares Exponential Technologies ETF by 7,907.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock worth $63,000 after buying an additional 1,028 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of iShares Exponential Technologies ETF during the second quarter valued at $65,000. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares Exponential Technologies ETF during the second quarter worth about $104,000. Crestwood Advisors Group LLC acquired a new stake in shares of iShares Exponential Technologies ETF in the 3rd quarter worth about $212,000. Finally, Graypoint LLC bought a new stake in iShares Exponential Technologies ETF in the 2nd quarter valued at about $220,000.

iShares Exponential Technologies ETF Company Profile

The iShares Exponential Technologies ETF (XT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index that provides exposure to firms from developed and emerging markets, which create or use exponential technologies as defined by Morningstar.