iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Up 84.2% in December

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 56,000 shares, an increase of 84.2% from the December 15th total of 30,400 shares. Based on an average trading volume of 182,600 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its holdings in shares of iShares Exponential Technologies ETF by 1.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 167,263 shares of the company’s stock valued at $9,979,000 after acquiring an additional 3,192 shares in the last quarter. Foresight Capital Management Advisors Inc. grew its position in iShares Exponential Technologies ETF by 12.4% in the 4th quarter. Foresight Capital Management Advisors Inc. now owns 5,646 shares of the company’s stock valued at $337,000 after purchasing an additional 624 shares during the period. Pallas Capital Advisors LLC increased its stake in iShares Exponential Technologies ETF by 1.6% during the 4th quarter. Pallas Capital Advisors LLC now owns 21,006 shares of the company’s stock valued at $1,253,000 after purchasing an additional 324 shares in the last quarter. West Oak Capital LLC raised its holdings in iShares Exponential Technologies ETF by 260.3% during the fourth quarter. West Oak Capital LLC now owns 1,081 shares of the company’s stock worth $64,000 after buying an additional 781 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of iShares Exponential Technologies ETF by 15.5% in the third quarter. MML Investors Services LLC now owns 90,552 shares of the company’s stock valued at $5,513,000 after buying an additional 12,163 shares in the last quarter.

iShares Exponential Technologies ETF Trading Up 1.4 %

NASDAQ:XT opened at $60.30 on Thursday. The firm has a fifty day simple moving average of $60.87 and a two-hundred day simple moving average of $59.79. iShares Exponential Technologies ETF has a 12 month low of $53.00 and a 12 month high of $63.37. The stock has a market capitalization of $3.24 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a $0.0094 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.