iShares Exponential Technologies ETF (NASDAQ:XT) Sees Large Growth in Short Interest

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 52,800 shares, a growth of 38.2% from the February 13th total of 38,200 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 202,300 shares, the short-interest ratio is currently 0.3 days.

iShares Exponential Technologies ETF Trading Up 2.3 %

NASDAQ XT opened at $59.81 on Friday. iShares Exponential Technologies ETF has a 12 month low of $53.00 and a 12 month high of $64.26. The stock’s fifty day moving average price is $61.52 and its 200-day moving average price is $60.71. The stock has a market cap of $3.07 billion, a P/E ratio of 26.07 and a beta of 1.07.

iShares Exponential Technologies ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares Exponential Technologies ETF

A number of institutional investors have recently made changes to their positions in the company. Finley Financial LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter valued at $30,000. Park Square Financial Group LLC purchased a new stake in shares of iShares Exponential Technologies ETF during the 4th quarter valued at about $42,000. Compass Planning Associates Inc bought a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter worth approximately $49,000. CoreCap Advisors LLC raised its holdings in shares of iShares Exponential Technologies ETF by 41.7% during the fourth quarter. CoreCap Advisors LLC now owns 1,009 shares of the company’s stock valued at $60,000 after purchasing an additional 297 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in iShares Exponential Technologies ETF by 7,907.7% during the third quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock valued at $63,000 after purchasing an additional 1,028 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.