Short Interest in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Expands By 1,750.0%

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 3,700 shares, an increase of 1,750.0% from the December 15th total of 200 shares. Based on an average trading volume of 12,900 shares, the days-to-cover ratio is presently 0.3 days.

iShares Lithium Miners and Producers ETF Stock Performance

Shares of ILIT opened at $9.26 on Wednesday. The company’s 50 day moving average price is $10.15 and its 200 day moving average price is $10.31. The company has a market capitalization of $4.17 million, a PE ratio of 6.15 and a beta of 1.33. iShares Lithium Miners and Producers ETF has a 52 week low of $8.58 and a 52 week high of $15.09.

iShares Lithium Miners and Producers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.4958 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.