iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Short Interest Up 725.0% in July

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 16,500 shares, an increase of 725.0% from the July 15th total of 2,000 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is currently 3.8 days.

iShares Lithium Miners and Producers ETF Stock Down 2.5 %

ILIT stock traded down $0.23 during midday trading on Wednesday, hitting $9.07. 8,557 shares of the company traded hands, compared to its average volume of 4,899. iShares Lithium Miners and Producers ETF has a twelve month low of $9.07 and a twelve month high of $21.19. The stock has a market capitalization of $2.27 million, a price-to-earnings ratio of 6.15 and a beta of 1.33. The business has a 50 day simple moving average of $10.77 and a 200-day simple moving average of $12.56.

iShares Lithium Miners and Producers ETF Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.0775 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

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.