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

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

iShares Lithium Miners and Producers ETF Stock Down 1.6 %

ILIT traded down $0.15 on Tuesday, hitting $9.06. The company had a trading volume of 6,270 shares, compared to its average volume of 7,515. The company has a market cap of $4.07 million, a PE ratio of 6.15 and a beta of 1.33. iShares Lithium Miners and Producers ETF has a 12-month low of $8.58 and a 12-month high of $15.07. The business’s fifty day simple moving average is $9.80 and its 200 day simple moving average is $10.22.

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 dividend of $0.4958 per share. The ex-dividend date was Tuesday, December 17th.

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.