Short Interest in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Expands By 1,750.0%

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,700 shares, an increase of 1,750.0% from the December 31st total of 200 shares. Based on an average daily volume of 12,900 shares, the days-to-cover ratio is presently 0.3 days.

iShares Lithium Miners and Producers ETF Trading Down 1.6 %

Shares of NASDAQ ILIT traded down $0.15 during mid-day trading on Tuesday, hitting $9.06. The company had a trading volume of 6,270 shares, compared to its average volume of 7,515. iShares Lithium Miners and Producers ETF has a 1 year low of $8.58 and a 1 year high of $15.07. The company has a market capitalization of $4.07 million, a price-to-earnings ratio of 6.15 and a beta of 1.33. The stock’s 50-day moving average price is $9.80 and its 200-day moving average price is $10.22.

iShares Lithium Miners and Producers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.4958 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares Lithium Miners and Producers ETF

The iShares Lithium Miners and Producers ETF (ILIT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is passively managed, providing exposure to the lithium industry by investing in stocks of lithium miners and compound manufacturers from all around the world.