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

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 27,700 shares, a growth of 62.0% from the January 31st total of 17,100 shares. Based on an average trading volume of 9,400 shares, the days-to-cover ratio is presently 2.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Lithium Miners and Producers ETF stock. Jane Street Group LLC acquired a new stake in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 34,086 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned approximately 7.57% of iShares Lithium Miners and Producers ETF at the end of the most recent quarter.

iShares Lithium Miners and Producers ETF Trading Down 0.9 %

Shares of NASDAQ ILIT traded down $0.08 during mid-day trading on Tuesday, reaching $8.66. 8,464 shares of the company’s stock were exchanged, compared to its average volume of 6,924. iShares Lithium Miners and Producers ETF has a twelve month low of $8.46 and a twelve month high of $14.81. The firm has a market capitalization of $3.90 million, a price-to-earnings ratio of 1.98 and a beta of 1.33. The business has a fifty day simple moving average of $9.10 and a 200 day simple moving average of $10.04.

iShares Lithium Miners and Producers ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.4958 per share. The ex-dividend date of this dividend 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.