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

iShares Exponential Technologies ETF (NASDAQ:XT) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 257,100 shares, an increase of 235.2% from the November 15th total of 76,700 shares. Based on an average trading volume of 142,600 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On iShares Exponential Technologies ETF

Several hedge funds have recently bought and sold shares of XT. First Horizon Advisors Inc. lifted its holdings in shares of iShares Exponential Technologies ETF by 7,907.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,041 shares of the company’s stock worth $63,000 after acquiring an additional 1,028 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in iShares Exponential Technologies ETF during the second quarter worth about $65,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares Exponential Technologies ETF in the 2nd quarter worth about $104,000. Crestwood Advisors Group LLC purchased a new position in shares of iShares Exponential Technologies ETF in the 3rd quarter worth about $212,000. Finally, Graypoint LLC bought a new position in shares of iShares Exponential Technologies ETF during the 2nd quarter valued at about $220,000.

iShares Exponential Technologies ETF Stock Up 0.9 %

NASDAQ:XT traded up $0.56 on Wednesday, hitting $62.34. The stock had a trading volume of 344,579 shares, compared to its average volume of 115,959. The company has a market cap of $3.58 billion, a PE ratio of 23.27 and a beta of 1.02. The business’s fifty day moving average is $60.74 and its 200 day moving average is $59.46. iShares Exponential Technologies ETF has a 52 week low of $53.00 and a 52 week high of $63.37.

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.