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

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 56,000 shares, a growth of 84.2% from the December 15th total of 30,400 shares. Based on an average daily volume of 182,600 shares, the days-to-cover ratio is presently 0.3 days.

iShares Exponential Technologies ETF Trading Up 0.6 %

iShares Exponential Technologies ETF stock opened at $59.49 on Wednesday. iShares Exponential Technologies ETF has a 52 week low of $53.00 and a 52 week high of $63.37. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02. The company’s 50-day moving average price is $60.88 and its two-hundred day moving average price is $59.79.

iShares Exponential Technologies ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were paid a dividend of $0.0094 per share. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On iShares Exponential Technologies ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XT. EQ LLC increased its position in shares of iShares Exponential Technologies ETF by 3.4% during the 3rd quarter. EQ LLC now owns 4,921 shares of the company’s stock valued at $300,000 after purchasing an additional 164 shares during the period. Sweeney & Michel LLC grew its holdings in iShares Exponential Technologies ETF by 0.8% during the third quarter. Sweeney & Michel LLC now owns 35,823 shares of the company’s stock worth $2,184,000 after acquiring an additional 285 shares during the period. CWM LLC raised its position in iShares Exponential Technologies ETF by 1.3% in the third quarter. CWM LLC now owns 24,815 shares of the company’s stock worth $1,511,000 after acquiring an additional 316 shares in the last quarter. Pallas Capital Advisors LLC lifted its holdings in iShares Exponential Technologies ETF by 1.6% in the 4th quarter. Pallas Capital Advisors LLC now owns 21,006 shares of the company’s stock valued at $1,253,000 after acquiring an additional 324 shares during the last quarter. Finally, Barrett & Company Inc. boosted its position in shares of iShares Exponential Technologies ETF by 0.6% during the 3rd quarter. Barrett & Company Inc. now owns 88,220 shares of the company’s stock valued at $5,371,000 after purchasing an additional 484 shares in the last quarter.

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.