iShares Exponential Technologies ETF (NASDAQ:XT) Short Interest Down 93.8% in January

iShares Exponential Technologies ETF (NASDAQ:XT) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 3,700 shares, a drop of 93.8% from the January 15th total of 59,500 shares. Based on an average daily volume of 207,500 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of iShares Exponential Technologies ETF

A number of large investors have recently modified their holdings of XT. Stifel Financial Corp increased its holdings in iShares Exponential Technologies ETF by 15.4% during the third quarter. Stifel Financial Corp now owns 5,097 shares of the company’s stock valued at $310,000 after buying an additional 682 shares during the period. Alpha Financial Advisors LLC raised its position in shares of iShares Exponential Technologies ETF by 1.2% in the 3rd quarter. Alpha Financial Advisors LLC now owns 371,483 shares of the company’s stock worth $22,616,000 after acquiring an additional 4,289 shares in the last quarter. Creative Planning lifted its stake in shares of iShares Exponential Technologies ETF by 19.2% during the 2nd quarter. Creative Planning now owns 8,453 shares of the company’s stock worth $497,000 after purchasing an additional 1,361 shares during the last quarter. Jane Street Group LLC boosted its position in iShares Exponential Technologies ETF by 639.8% during the third quarter. Jane Street Group LLC now owns 98,986 shares of the company’s stock valued at $6,026,000 after purchasing an additional 85,606 shares in the last quarter. Finally, Barrett & Company Inc. grew its stake in iShares Exponential Technologies ETF by 0.6% in the third quarter. Barrett & Company Inc. now owns 88,220 shares of the company’s stock valued at $5,371,000 after purchasing an additional 484 shares during the last quarter.

iShares Exponential Technologies ETF Trading Down 0.5 %

Shares of NASDAQ XT traded down $0.30 during mid-day trading on Wednesday, reaching $62.32. The company had a trading volume of 18,202 shares, compared to its average volume of 163,439. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 23.27 and a beta of 1.02. iShares Exponential Technologies ETF has a 52 week low of $53.00 and a 52 week high of $63.37. The business’s 50-day moving average is $61.30 and its 200-day moving average is $60.09.

iShares Exponential Technologies ETF Cuts Dividend

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