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 during the month of January. As of January 15th, there was short interest totalling 56,000 shares, a growth of 84.2% from the December 31st total of 30,400 shares. Based on an average daily trading volume, of 182,600 shares, the days-to-cover ratio is currently 0.3 days.

iShares Exponential Technologies ETF Price Performance

Shares of XT opened at $61.79 on Thursday. iShares Exponential Technologies ETF has a 1 year low of $53.00 and a 1 year high of $63.37. The stock’s fifty day moving average price is $61.09 and its two-hundred day moving average price is $59.92. The firm has a market cap of $3.27 billion, a PE ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

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

Hedge Funds Weigh In On iShares Exponential Technologies ETF

Large investors have recently modified their holdings of the business. EQ LLC lifted its holdings in iShares Exponential Technologies ETF by 3.4% during the 3rd quarter. EQ LLC now owns 4,921 shares of the company’s stock worth $300,000 after purchasing an additional 164 shares in the last quarter. Sweeney & Michel LLC increased its position in shares of iShares Exponential Technologies ETF by 0.8% during the third quarter. Sweeney & Michel LLC now owns 35,823 shares of the company’s stock valued at $2,184,000 after buying an additional 285 shares during the period. CWM LLC lifted its holdings in shares of 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 buying an additional 316 shares in the last quarter. Pallas Capital Advisors LLC boosted its position in shares of iShares Exponential Technologies ETF by 1.6% in the fourth 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 period. Finally, Barrett & Company Inc. grew its stake in iShares Exponential Technologies ETF by 0.6% during the third quarter. Barrett & Company Inc. now owns 88,220 shares of the company’s stock valued at $5,371,000 after acquiring an additional 484 shares in the last quarter.

About iShares Exponential Technologies ETF

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.