Short Interest in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Drops By 98.7%

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 400 shares, a decrease of 98.7% from the May 31st total of 31,700 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is presently 0.1 days.

iShares Lithium Miners and Producers ETF Stock Performance

NASDAQ ILIT traded down $0.16 on Thursday, hitting $10.91. 3,974 shares of the stock traded hands, compared to its average volume of 4,645. The business’s fifty day moving average is $12.84 and its two-hundred day moving average is $13.88. iShares Lithium Miners and Producers ETF has a 12 month low of $10.67 and a 12 month high of $26.33. The firm has a market capitalization of $2.18 million, a price-to-earnings ratio of 6.15 and a beta of 1.33.

iShares Lithium Miners and Producers ETF Dividend Announcement

The business also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.0775 per share. The ex-dividend date was Tuesday, June 11th.

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.