Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Increases By 81.7%

iShares Exponential Technologies ETF (NASDAQ:XTGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 108,100 shares, a growth of 81.7% from the January 15th total of 59,500 shares. Based on an average daily trading volume, of 123,100 shares, the days-to-cover ratio is currently 0.9 days.

iShares Exponential Technologies ETF Trading Up 0.1 %

NASDAQ XT opened at $59.28 on Tuesday. iShares Exponential Technologies ETF has a 1-year low of $48.10 and a 1-year high of $60.67. The stock has a 50-day moving average of $58.13 and a 200-day moving average of $55.02. The firm has a market cap of $3.44 billion, a PE ratio of 19.92 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Wednesday, December 27th. Investors of record on Thursday, December 21st were issued a dividend of $0.107 per share. The ex-dividend date of this dividend was Wednesday, December 20th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. OLD Second National Bank of Aurora bought a new position in iShares Exponential Technologies ETF in the 3rd quarter valued at approximately $26,000. Avantax Advisory Services Inc. increased its stake in iShares Exponential Technologies ETF by 17.3% in the 3rd quarter. Avantax Advisory Services Inc. now owns 23,524 shares of the company’s stock worth $1,228,000 after buying an additional 3,462 shares in the last quarter. Creative Planning grew its position in shares of iShares Exponential Technologies ETF by 12.7% during the second quarter. Creative Planning now owns 6,855 shares of the company’s stock valued at $381,000 after purchasing an additional 771 shares in the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of iShares Exponential Technologies ETF by 3.4% in the 2nd quarter. Silver Oak Securities Incorporated now owns 6,130 shares of the company’s stock valued at $341,000 after acquiring an additional 203 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its holdings in shares of iShares Exponential Technologies ETF by 2.1% in the 2nd quarter. Valley National Advisers Inc. now owns 31,666 shares of the company’s stock valued at $1,761,000 after acquiring an additional 640 shares during the last quarter.

About iShares Exponential Technologies ETF

(Get Free Report)

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.

Further Reading

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