iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Up 186.3% in July

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 33,500 shares, anincreaseof186.3% from the June 30th total of 11,700 shares. Based on an average daily volume of 112,300 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 112,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XT. Jones Financial Companies Lllp grew its holdings in iShares Exponential Technologies ETF by 10,895.4% during the 1st quarter. Jones Financial Companies Lllp now owns 4,447,205 shares of the company’s stock worth $271,947,000 after acquiring an additional 4,406,759 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares Exponential Technologies ETF by 856.5% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 268,020 shares of the company’s stock valued at $17,488,000 after buying an additional 240,000 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Exponential Technologies ETF during the fourth quarter valued at about $14,080,000. Baird Financial Group Inc. lifted its position in shares of iShares Exponential Technologies ETF by 334.4% during the fourth quarter. Baird Financial Group Inc. now owns 262,924 shares of the company’s stock valued at $15,686,000 after buying an additional 202,395 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of iShares Exponential Technologies ETF by 946.8% during the first quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock valued at $9,220,000 after buying an additional 144,876 shares during the last quarter.

iShares Exponential Technologies ETF Trading Down 1.1%

NASDAQ XT opened at $65.22 on Monday. iShares Exponential Technologies ETF has a 12 month low of $49.01 and a 12 month high of $67.66. The company’s 50-day moving average price is $64.60 and its 200-day moving average price is $61.27. The stock has a market cap of $3.37 billion, a PE ratio of 26.41 and a beta of 1.02.

iShares Exponential Technologies ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were issued a dividend of $0.209 per share. The ex-dividend date was Monday, June 16th. This is a positive change from iShares Exponential Technologies ETF’s previous dividend of $0.01.

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.