iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Down 31.5% in October

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 25,400 shares, a decrease of 31.5% from the September 30th total of 37,100 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 102,800 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 102,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Exponential Technologies ETF

Several institutional investors have recently made changes to their positions in XT. Crewe Advisors LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 2nd quarter worth about $25,000. Kilter Group LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 2nd quarter worth about $51,000. CoreCap Advisors LLC lifted its holdings in shares of iShares Exponential Technologies ETF by 64.0% in the 3rd quarter. CoreCap Advisors LLC now owns 751 shares of the company’s stock worth $54,000 after acquiring an additional 293 shares during the last quarter. Howe & Rusling Inc. bought a new stake in shares of iShares Exponential Technologies ETF in the 2nd quarter worth about $75,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 2nd quarter worth about $135,000.

iShares Exponential Technologies ETF Stock Performance

Shares of XT opened at $75.19 on Friday. iShares Exponential Technologies ETF has a fifty-two week low of $49.01 and a fifty-two week high of $75.80. The firm’s 50-day simple moving average is $71.56 and its two-hundred day simple moving average is $66.05. The stock has a market cap of $3.74 billion, a PE ratio of 26.41 and a beta of 1.10.

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.