Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Expands By 881.1%

iShares Exponential Technologies ETF (NASDAQ:XT) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 78,852 shares, a growth of 881.1% from the June 30th total of 8,037 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 69,977 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of iShares Exponential Technologies ETF

Several hedge funds have recently made changes to their positions in the business. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares Exponential Technologies ETF by 3.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 264,664 shares of the company’s stock worth $21,869,000 after purchasing an additional 8,816 shares during the last quarter. Western Wealth Management LLC increased its holdings in iShares Exponential Technologies ETF by 11.7% during the 1st quarter. Western Wealth Management LLC now owns 5,610 shares of the company’s stock worth $382,000 after purchasing an additional 587 shares during the period. WNY Asset Management LLC bought a new stake in iShares Exponential Technologies ETF during the 1st quarter valued at $513,000. Arkadios Wealth Advisors raised its position in iShares Exponential Technologies ETF by 35.8% during the 1st quarter. Arkadios Wealth Advisors now owns 134,859 shares of the company’s stock valued at $9,191,000 after purchasing an additional 35,560 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in iShares Exponential Technologies ETF by 80.7% during the 1st quarter. Quantinno Capital Management LP now owns 7,461 shares of the company’s stock valued at $509,000 after purchasing an additional 3,331 shares in the last quarter.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ XT opened at $78.74 on Friday. The firm has a fifty day moving average price of $81.37 and a 200-day moving average price of $75.45. The stock has a market cap of $3.78 billion, a PE ratio of 26.41 and a beta of 1.13. iShares Exponential Technologies ETF has a 1 year low of $64.66 and a 1 year high of $84.23.

iShares Exponential Technologies ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.3581 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.