Short Interest in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Increases By 60.0%

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 800 shares, a growth of 60.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 13,400 shares, the days-to-cover ratio is presently 0.1 days.

iShares Lithium Miners and Producers ETF Price Performance

Shares of ILIT traded down $0.08 during midday trading on Friday, hitting $10.93. 6,919 shares of the company traded hands, compared to its average volume of 7,433. The stock has a 50-day moving average of $11.31 and a 200-day moving average of $10.97. iShares Lithium Miners and Producers ETF has a one year low of $8.58 and a one year high of $17.35. The firm has a market cap of $4.92 million, a P/E ratio of 6.15 and a beta of 1.33.

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.