Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Rises By 121.7%

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 10,200 shares, a growth of 121.7% from the May 31st total of 4,600 shares. Based on an average daily volume of 92,900 shares, the days-to-cover ratio is currently 0.1 days.

iShares Exponential Technologies ETF Price Performance

Shares of NASDAQ XT opened at $58.77 on Friday. The company has a market capitalization of $3.41 billion, a P/E ratio of 23.27 and a beta of 1.02. The company has a 50 day simple moving average of $58.17 and a 200-day simple moving average of $58.48. iShares Exponential Technologies ETF has a 1 year low of $48.10 and a 1 year high of $61.47.

iShares Exponential Technologies ETF Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a $0.1582 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Investors Weigh In On iShares Exponential Technologies ETF

Large investors have recently modified their holdings of the company. Clear Investment Research LLC acquired a new position in shares of iShares Exponential Technologies ETF during the 4th quarter worth approximately $32,000. YHB Investment Advisors Inc. purchased a new position in shares of iShares Exponential Technologies ETF during the 1st quarter valued at approximately $39,000. MV Capital Management Inc. bought a new position in iShares Exponential Technologies ETF during the 4th quarter valued at $40,000. Tidemark LLC acquired a new position in iShares Exponential Technologies ETF in the fourth quarter worth about $55,000. Finally, Northwest Financial Advisors acquired a new position in shares of iShares Exponential Technologies ETF in the 4th quarter worth approximately $56,000.

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.