iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Up 1,040.7% in December

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 265,782 shares, a growth of 1,040.7% from the December 15th total of 23,300 shares. Based on an average trading volume of 173,670 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 173,670 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of iShares Exponential Technologies ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Crewe Advisors LLC purchased a new position in iShares Exponential Technologies ETF in the second quarter valued at about $25,000. Horizon Investments LLC acquired a new position in iShares Exponential Technologies ETF during the 3rd quarter worth approximately $33,000. CoreCap Advisors LLC lifted its position in iShares Exponential Technologies ETF by 64.0% during the 3rd quarter. CoreCap Advisors LLC now owns 751 shares of the company’s stock worth $54,000 after acquiring an additional 293 shares in the last quarter. Kilter Group LLC acquired a new stake in iShares Exponential Technologies ETF in the second quarter valued at approximately $51,000. Finally, IFP Advisors Inc raised its stake in shares of iShares Exponential Technologies ETF by 25.1% during the third quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $68,000 after purchasing an additional 191 shares during the period.

iShares Exponential Technologies ETF Trading Up 0.4%

Shares of NASDAQ:XT traded up $0.30 during midday trading on Monday, hitting $72.49. 112,300 shares of the stock were exchanged, compared to its average volume of 68,645. The company has a 50 day moving average price of $72.61 and a 200-day moving average price of $70.42. The stock has a market cap of $3.72 billion, a P/E ratio of 26.41 and a beta of 1.10. iShares Exponential Technologies ETF has a twelve month low of $49.01 and a twelve month high of $76.29.

iShares Exponential Technologies ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $5.3322 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 1,542.0%.

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.