Short interest on iShares Exponential Technologies ETF (NASDAQ:XT) falls 23.9%

The iShares Exponential Technologies ETF (NASDAQ:XT – Get Free Report ) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 35,600 shares, down 23.9% from the August 31st total of 46,800 shares. Based on an average daily trading volume of 107,100 shares, the short interest rate is currently 0.3 days.

Institutional investors are weighing the iShares Exponential Technologies ETF

A number of hedge funds have recently bought and sold shares of the company. Clear Investment Research LLC bought a new stake in shares of iShares Exponential Technologies ETF in the 4th quarter valued at about $32,000. YHB Investment Advisors Inc. bought a new stake in iShares Exponential Technologies ETF in the 1st quarter valued at $39,000. Strategic Financial Concepts LLC acquired a new position in iShares Exponential Technologies ETF in the second quarter valued at $65,000. Ashton Thomas Private Wealth LLC bought a new position in iShares Exponential Technologies ETF in the second quarter valued at $104,000. Finally, ICA Group Wealth Management LLC purchased a new stake in shares of iShares Exponential Technologies ETF in the fourth quarter valued at $191,000.

Share performance of the iShares Exponential Technologies ETF

NASDAQ XT opened at $60.94 on Friday. The stock has a 50-day moving average price of $58.27 and a 200-day moving average price of $58.49. iShares Exponential Technologies ETF has a one year low of $48.10 and a one year high of $61.60. The company has a market cap of $3.52 billion, a P/E ratio of 23.27 and a beta of 1.02.

iShares Exponential Technologies ETF Company Profile

(Get a free report)

The iShares Exponential Technologies ETF (XT) is an exchange-traded fund that invests primarily in information technology stocks. The fund tracks an equally weighted index that provides exposure to companies in developed and emerging markets that create or use exponential technologies as defined by Morningstar.

Further reading

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