iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Sees Significant Increase in Short Interest

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 800 shares, an increase of 60.0% from the October 31st total of 500 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is presently 0.1 days.

iShares Lithium Miners and Producers ETF Trading Down 0.8 %

NASDAQ ILIT traded down $0.08 during trading on Friday, hitting $10.93. 6,919 shares of the company traded hands, compared to its average volume of 7,433. The company has a market capitalization of $4.92 million, a P/E ratio of 6.15 and a beta of 1.33. The business has a fifty day simple moving average of $11.31 and a 200 day simple moving average of $10.97. iShares Lithium Miners and Producers ETF has a 12 month low of $8.58 and a 12 month high of $17.35.

iShares Lithium Miners and Producers ETF Company Profile

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.