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

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,773 shares, a decrease of 81.6% from the July 15th total of 9,643 shares. Based on an average trading volume of 13,656 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

iShares Lithium Miners and Producers ETF Trading Down 1.4%

NASDAQ ILIT opened at $15.01 on Wednesday. The business’s 50-day moving average price is $16.21 and its two-hundred day moving average price is $17.74. iShares Lithium Miners and Producers ETF has a 12 month low of $9.81 and a 12 month high of $23.80. The firm has a market capitalization of $15.01 million, a PE ratio of 1.98 and a beta of 1.46.

iShares Lithium Miners and Producers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.0227 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its position in shares of iShares Lithium Miners and Producers ETF by 252.4% during the fourth quarter. Farther Finance Advisors LLC now owns 1,815 shares of the company’s stock valued at $28,000 after buying an additional 1,300 shares during the last quarter. Smartleaf Asset Management LLC bought a new stake in shares of iShares Lithium Miners and Producers ETF during the 4th quarter valued at $29,000. Finally, Group One Trading LLC bought a new position in shares of iShares Lithium Miners and Producers ETF in the fourth quarter valued at approximately $77,000.

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