Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Increases By 1,040.7%

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 265,782 shares, a growth of 1,040.7% from the December 15th total of 23,300 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 173,670 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 173,670 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the company’s shares are sold short.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ:XT opened at $72.26 on Wednesday. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 26.41 and a beta of 1.10. The business’s 50-day moving average is $72.58 and its 200-day moving average is $70.47. iShares Exponential Technologies ETF has a 1 year low of $49.01 and a 1 year high of $76.29.

iShares Exponential Technologies ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $5.3322 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 1,542.0%.

Institutional Trading of iShares Exponential Technologies ETF

Large investors have recently bought and sold shares of the company. Orion Porfolio Solutions LLC grew its stake in shares of iShares Exponential Technologies ETF by 683.4% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock worth $53,798,000 after acquiring an additional 719,245 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares Exponential Technologies ETF by 143.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock worth $41,912,000 after acquiring an additional 378,264 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares Exponential Technologies ETF by 856.5% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 268,020 shares of the company’s stock worth $17,488,000 after purchasing an additional 240,000 shares during the period. Jane Street Group LLC raised its holdings in shares of iShares Exponential Technologies ETF by 946.8% in the 1st quarter. Jane Street Group LLC now owns 160,177 shares of the company’s stock valued at $9,220,000 after acquiring an additional 144,876 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of iShares Exponential Technologies ETF by 49.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 243,773 shares of the company’s stock worth $15,906,000 after buying an additional 80,844 shares during the last quarter.

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. XT was launched on Mar 19, 2015 and is managed by BlackRock.