Sprott Lithium Miners ETF (NASDAQ:LITP) Short Interest Update

Posted by Tech Dows on Dec 17th, 2024

Sprott Lithium Miners ETF (NASDAQ:LITP – Get Free Report) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 8,300 shares, a decrease of 23.1% from the November 15th total of 10,800 shares. Based on an average daily volume of 13,100 shares, the days-to-cover ratio is presently 0.6 days.

Sprott Lithium Miners ETF Price Performance

LITP traded down $0.12 during trading on Monday, reaching $7.08. The company had a trading volume of 6,963 shares, compared to its average volume of 11,314. Sprott Lithium Miners ETF has a 12 month low of $6.11 and a 12 month high of $12.94. The business’s fifty day moving average price is $8.41 and its 200 day moving average price is $7.99. The company has a market cap of $6.16 million, a P/E ratio of 5.07 and a beta of 2.50.

Sprott Lithium Miners ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be paid a $0.4378 dividend. The ex-dividend date is Thursday, December 12th.

Hedge Funds Weigh In On Sprott Lithium Miners ETF

A hedge fund recently raised its stake in Sprott Lithium Miners ETF stock. Jane Street Group LLC lifted its holdings in Sprott Lithium Miners ETF (NASDAQ:LITP – Free Report) by 22.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,113 shares of the company’s stock after purchasing an additional 3,625 shares during the quarter. Jane Street Group LLC owned 2.31% of Sprott Lithium Miners ETF worth $165,000 as of its most recent SEC filing.

Sprott Lithium Miners ETF Company Profile

(Get Free Report)

The Sprott Lithium Miners ETF (LITP) is an exchange-traded fund that is based on the Nasdaq Sprott Lithium Miners index. The fund aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap.