Short Interest in iShares Exponential Technologies ETF (NASDAQ:XT) Drops By 45.6%

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 43,100 shares, a decrease of 45.6% from the March 15th total of 79,200 shares. Based on an average trading volume of 188,400 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. OneDigital Investment Advisors LLC lifted its holdings in iShares Exponential Technologies ETF by 3.0% during the 4th quarter. OneDigital Investment Advisors LLC now owns 6,050 shares of the company’s stock valued at $361,000 after buying an additional 179 shares in the last quarter. Blair William & Co. IL boosted its position in iShares Exponential Technologies ETF by 1.9% in the 4th quarter. Blair William & Co. IL now owns 9,853 shares of the company’s stock worth $588,000 after purchasing an additional 180 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of iShares Exponential Technologies ETF by 5.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,708 shares of the company’s stock valued at $224,000 after purchasing an additional 194 shares in the last quarter. Daymark Wealth Partners LLC raised its position in iShares Exponential Technologies ETF by 0.3% during the first quarter. Daymark Wealth Partners LLC now owns 88,285 shares of the company’s stock worth $5,082,000 after acquiring an additional 264 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in iShares Exponential Technologies ETF by 41.7% in the 4th quarter. CoreCap Advisors LLC now owns 1,009 shares of the company’s stock valued at $60,000 after acquiring an additional 297 shares during the last quarter.

iShares Exponential Technologies ETF Price Performance

NASDAQ XT traded up $0.17 during trading hours on Friday, reaching $54.37. 181,320 shares of the company’s stock traded hands, compared to its average volume of 145,526. iShares Exponential Technologies ETF has a 52-week low of $49.01 and a 52-week high of $64.26. The firm has a market cap of $2.86 billion, a PE ratio of 25.09 and a beta of 1.02. The firm has a 50-day simple moving average of $58.88 and a 200 day simple moving average of $60.24.

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.