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

iShares Exponential Technologies ETF (NASDAQ:XT) saw 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 volume of 182,600 shares, the short-interest ratio is currently 0.3 days.

iShares Exponential Technologies ETF Stock Down 0.4 %

Shares of NASDAQ:XT opened at $62.06 on Friday. iShares Exponential Technologies ETF has a 12 month low of $53.00 and a 12 month high of $63.37. The company’s 50-day moving average price is $61.17 and its two-hundred day moving average price is $59.95. The firm has a market cap of $3.28 billion, a P/E ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The company 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.

Institutional Investors Weigh In On iShares Exponential Technologies ETF

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

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.