iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Short Interest Update

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 11,900 shares, a growth of 417.4% from the September 30th total of 2,300 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 1.0 days.

iShares Lithium Miners and Producers ETF Stock Up 1.8 %

Shares of NASDAQ ILIT traded up $0.20 during midday trading on Friday, reaching $11.32. The company had a trading volume of 14,709 shares, compared to its average volume of 6,895. iShares Lithium Miners and Producers ETF has a one year low of $8.58 and a one year high of $17.35. The firm’s fifty day moving average price is $10.37 and its 200-day moving average price is $11.33. The stock has a market cap of $5.09 million, a PE ratio of 6.15 and a beta of 1.33.

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.