Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Expands By 25.8%

iShares Exponential Technologies ETF (NASDAQ:XT) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 56,000 shares, an increase of 25.8% from the March 31st total of 44,500 shares. Based on an average daily volume of 104,800 shares, the short-interest ratio is presently 0.5 days.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ:XT opened at $56.45 on Monday. iShares Exponential Technologies ETF has a 1 year low of $48.10 and a 1 year high of $61.47. The company has a market cap of $3.27 billion, a PE ratio of 23.80 and a beta of 1.02. The stock’s 50-day moving average is $58.58 and its 200 day moving average is $56.75.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Lincoln National Corp grew its holdings in shares of iShares Exponential Technologies ETF by 4.1% during the 4th quarter. Lincoln National Corp now owns 7,424 shares of the company’s stock worth $444,000 after acquiring an additional 290 shares during the period. Sigma Planning Corp grew its holdings in shares of iShares Exponential Technologies ETF by 8.0% during the 3rd quarter. Sigma Planning Corp now owns 4,576 shares of the company’s stock worth $239,000 after acquiring an additional 340 shares during the period. Atria Wealth Solutions Inc. grew its holdings in shares of iShares Exponential Technologies ETF by 3.9% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 9,072 shares of the company’s stock worth $474,000 after acquiring an additional 341 shares during the period. Kingsview Wealth Management LLC grew its holdings in shares of iShares Exponential Technologies ETF by 2.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 15,975 shares of the company’s stock worth $834,000 after acquiring an additional 434 shares during the period. Finally, OLD Second National Bank of Aurora purchased a new position in shares of iShares Exponential Technologies ETF during the 3rd quarter worth approximately $26,000.

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.