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

iShares Lithium Miners and Producers ETF (NASDAQ:ILITGet Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,410 shares, a growth of 78.9% from the August 15th total of 4,701 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 7,207 shares, the short-interest ratio is presently 1.2 days.

iShares Lithium Miners and Producers ETF Stock Performance

NASDAQ ILIT traded down $0.20 during trading on Wednesday, hitting $13.36. The stock had a trading volume of 2,971 shares, compared to its average volume of 31,921. iShares Lithium Miners and Producers ETF has a one year low of $10.71 and a one year high of $23.80. The stock has a 50 day simple moving average of $14.67 and a 200 day simple moving average of $17.34. The stock has a market capitalization of $26.70 million, a price-to-earnings ratio of 1.98 and a beta of 1.49.

iShares Lithium Miners and Producers ETF Company Profile

(Get Free Report)

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. ILIT was launched on Jun 21, 2023 and is managed by BlackRock.

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