Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Expands By 932.4%

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 38,200 shares, a growth of 932.4% from the January 31st total of 3,700 shares. Based on an average trading volume of 205,400 shares, the short-interest ratio is currently 0.2 days.

iShares Exponential Technologies ETF Stock Performance

XT opened at $61.07 on Friday. iShares Exponential Technologies ETF has a 52-week low of $53.00 and a 52-week high of $64.26. The firm has a market capitalization of $3.17 billion, a PE ratio of 28.27 and a beta of 1.04. The business’s 50-day simple moving average is $61.60 and its 200 day simple moving average is $60.61.

iShares Exponential Technologies ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors 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.

Institutional Trading of iShares Exponential Technologies ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Financial Engines Advisors L.L.C. raised its stake in iShares Exponential Technologies ETF by 1.3% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 34,675,164 shares of the company’s stock valued at $2,068,720,000 after buying an additional 451,288 shares during the period. Baird Financial Group Inc. raised its stake in iShares Exponential Technologies ETF by 334.4% in the fourth quarter. Baird Financial Group Inc. now owns 262,924 shares of the company’s stock valued at $15,686,000 after buying an additional 202,395 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Exponential Technologies ETF in the fourth quarter valued at approximately $14,080,000. Stratos Investment Management LLC raised its stake in iShares Exponential Technologies ETF by 16.2% in the fourth quarter. Stratos Investment Management LLC now owns 212,963 shares of the company’s stock valued at $12,705,000 after buying an additional 29,745 shares during the period. Finally, AlphaCore Capital LLC raised its stake in iShares Exponential Technologies ETF by 4.8% in the third quarter. AlphaCore Capital LLC now owns 173,464 shares of the company’s stock valued at $10,560,000 after buying an additional 7,888 shares during the period.

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.