iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Update

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 31,269 shares, a decrease of 59.3% from the April 15th total of 76,905 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 76,035 shares, the days-to-cover ratio is presently 0.4 days.

iShares Exponential Technologies ETF Stock Performance

NASDAQ:XT opened at $79.12 on Friday. The stock has a fifty day moving average price of $72.43 and a 200-day moving average price of $72.52. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 26.41 and a beta of 1.12. iShares Exponential Technologies ETF has a fifty-two week low of $60.37 and a fifty-two week high of $80.99.

Institutional Trading of iShares Exponential Technologies ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in shares of iShares Exponential Technologies ETF during the 3rd quarter worth $801,000. Savvy Advisors Inc. bought a new stake in shares of iShares Exponential Technologies ETF during the 4th quarter worth $6,411,000. Concurrent Investment Advisors LLC bought a new stake in shares of iShares Exponential Technologies ETF during the 4th quarter worth $726,000. RFG Advisory LLC lifted its position in shares of iShares Exponential Technologies ETF by 2,492.6% during the 3rd quarter. RFG Advisory LLC now owns 80,942 shares of the company’s stock worth $5,823,000 after buying an additional 77,820 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares Exponential Technologies ETF during the 3rd quarter worth $4,332,000.

About iShares Exponential Technologies ETF

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.