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

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the recipient of a significant growth in short interest in the month of 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 presently 2.9 days.

iShares Lithium Miners and Producers ETF Price Performance

ILIT stock opened at $8.75 on Friday. The company’s 50-day moving average is $9.11 and its 200-day moving average is $10.03. The stock has a market capitalization of $3.94 million, a PE ratio of 1.98 and a beta of 1.33. iShares Lithium Miners and Producers ETF has a 1 year low of $8.58 and a 1 year high of $15.07.

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 paid 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 shares of iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 34,086 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned approximately 7.57% of iShares Lithium Miners and Producers ETF at the end of the most recent quarter.

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.