iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Up 25.8% in April

iShares Exponential Technologies ETF (NASDAQ:XT) saw a significant 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 Stock Up 1.1 %

Shares of iShares Exponential Technologies ETF stock opened at $56.45 on Friday. iShares Exponential Technologies ETF has a twelve month low of $48.10 and a twelve month high of $61.47. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 23.80 and a beta of 1.02. The company’s 50 day moving average is $58.58 and its 200 day moving average is $56.72.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. OLD Second National Bank of Aurora bought a new position in iShares Exponential Technologies ETF in the third quarter worth approximately $26,000. Clear Investment Research LLC bought a new position in iShares Exponential Technologies ETF in the fourth quarter worth approximately $32,000. YHB Investment Advisors Inc. bought a new position in iShares Exponential Technologies ETF in the first quarter worth approximately $39,000. MV Capital Management Inc. bought a new position in iShares Exponential Technologies ETF in the fourth quarter worth approximately $40,000. Finally, Tidemark LLC purchased a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter worth $55,000.

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.