Short Interest in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Rises By 62.0%

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 daily volume of 9,400 shares, the short-interest ratio is currently 2.9 days.

iShares Lithium Miners and Producers ETF Trading Down 0.6 %

Shares of ILIT traded down $0.06 during mid-day trading on Monday, hitting $8.70. 7,109 shares of the company traded hands, compared to its average volume of 6,885. The stock has a market capitalization of $3.92 million, a price-to-earnings ratio of 1.98 and a beta of 1.33. The business has a 50-day moving average of $9.11 and a 200 day moving average of $10.05. iShares Lithium Miners and Producers ETF has a one year low of $8.58 and a one year high of $14.86.

iShares Lithium Miners and Producers ETF Announces Dividend

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

Institutional Investors Weigh In On iShares Lithium Miners and Producers ETF

A hedge fund recently bought a new stake in iShares Lithium Miners and Producers ETF stock. Jane Street Group LLC purchased a new stake in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 34,086 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned about 7.57% of iShares Lithium Miners and Producers ETF as of its most recent SEC filing.

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.