iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Down 34.0% in August

iShares Exponential Technologies ETF (NASDAQ:XT) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 67,352 shares, a decrease of 34.0% from the July 30th total of 101,979 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 76,077 shares, the short-interest ratio is currently 0.9 days.

iShares Exponential Technologies ETF Price Performance

Shares of XT traded down $0.83 during mid-day trading on Tuesday, reaching $81.92. 4,294 shares of the company’s stock were exchanged, compared to its average volume of 103,581. The business’s fifty day simple moving average is $81.52 and its 200-day simple moving average is $77.26. The stock has a market capitalization of $3.92 billion, a PE ratio of 26.41 and a beta of 1.14. iShares Exponential Technologies ETF has a 52-week low of $65.47 and a 52-week high of $84.23.

iShares Exponential Technologies ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares Exponential Technologies ETF

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC increased its stake in 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 buying an additional 144,876 shares during the period. Quantinno Capital Management LP acquired a new position in shares of iShares Exponential Technologies ETF during the second quarter worth about $356,000. Strategic Wealth Investment Group LLC acquired a new position in shares of iShares Exponential Technologies ETF during the second quarter worth about $135,000. Ameriprise Financial Inc. raised its holdings in iShares Exponential Technologies ETF by 143.6% during the second quarter. Ameriprise Financial Inc. now owns 641,593 shares of the company’s stock worth $41,912,000 after purchasing an additional 378,264 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in iShares Exponential Technologies ETF by 683.4% during the second quarter. Orion Porfolio Solutions LLC now owns 824,495 shares of the company’s stock worth $53,798,000 after purchasing an additional 719,245 shares in 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.