Sprott Lithium Miners ETF (NASDAQ:LITP) Short Interest Update

Sprott Lithium Miners ETF (NASDAQ:LITP) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 21,100 shares, a growth of 91.8% from the September 30th total of 11,000 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is currently 1.6 days.

Sprott Lithium Miners ETF Price Performance

LITP traded up $0.30 on Monday, reaching $8.94. The company’s stock had a trading volume of 26,288 shares, compared to its average volume of 11,563. The stock has a market cap of $7.33 million, a price-to-earnings ratio of 5.07 and a beta of 2.50. Sprott Lithium Miners ETF has a 1 year low of $6.11 and a 1 year high of $12.94. The business’s 50 day moving average is $7.66 and its 200 day moving average is $8.45.

Sprott Lithium Miners ETF Company Profile

The Sprott Lithium Miners ETF (LITP) is an exchange-traded fund that is based on the Nasdaq Sprott Lithium Miners index. The fund aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap.