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

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

iShares Lithium Miners and Producers ETF Stock Performance

ILIT stock traded up $0.22 during trading on Wednesday, reaching $11.78. 713 shares of the company traded hands, compared to its average volume of 7,146. The business has a 50 day simple moving average of $10.82 and a 200 day simple moving average of $11.19. iShares Lithium Miners and Producers ETF has a 12 month low of $8.58 and a 12 month high of $17.35. The company has a market capitalization of $5.30 million, a price-to-earnings 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.