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

iShares Exponential Technologies ETF (NASDAQ:XT) saw a large growth in short interest in the month of 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 daily volume of 205,400 shares, the days-to-cover ratio is presently 0.2 days.

iShares Exponential Technologies ETF Stock Down 1.5 %

NASDAQ:XT traded down $0.91 during trading hours on Thursday, reaching $61.64. The company had a trading volume of 61,897 shares, compared to its average volume of 160,622. The business’s 50-day simple moving average is $61.57 and its two-hundred day simple moving average is $60.60. The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 28.27 and a beta of 1.04. iShares Exponential Technologies ETF has a twelve month low of $53.00 and a twelve month high of $64.26.

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 Trading of iShares Exponential Technologies ETF

A number of institutional investors have recently modified their holdings of XT. Financial Engines Advisors L.L.C. lifted its stake in iShares Exponential Technologies ETF by 1.3% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 34,675,164 shares of the company’s stock worth $2,068,720,000 after purchasing an additional 451,288 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter worth about $14,080,000. Baird Financial Group Inc. grew its holdings in shares of iShares Exponential Technologies ETF by 334.4% during the 4th quarter. Baird Financial Group Inc. now owns 262,924 shares of the company’s stock worth $15,686,000 after acquiring an additional 202,395 shares during the period. Strategic Financial Concepts LLC purchased a new position in iShares Exponential Technologies ETF during the fourth quarter valued at $7,110,000. Finally, Jane Street Group LLC boosted its stake in iShares Exponential Technologies ETF by 639.8% during the third quarter. Jane Street Group LLC now owns 98,986 shares of the company’s stock worth $6,026,000 after acquiring an additional 85,606 shares in the last quarter.

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.