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

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 500 shares, a decrease of 95.8% from the October 15th total of 11,900 shares. Based on an average daily trading volume, of 12,900 shares, the days-to-cover ratio is currently 0.0 days.

iShares Lithium Miners and Producers ETF Stock Up 1.9 %

Shares of ILIT stock traded up $0.22 during trading hours on Wednesday, hitting $11.78. 713 shares of the company’s stock were exchanged, compared to its average volume of 7,146. The firm has a market cap of $5.30 million, a P/E ratio of 6.15 and a beta of 1.33. The firm has a 50 day moving average of $10.82 and a two-hundred day moving average of $11.19. iShares Lithium Miners and Producers ETF has a fifty-two week low of $8.58 and a fifty-two week high of $17.35.

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.