Short Interest in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Decreases By 30.3%

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 19,300 shares, a decrease of 30.3% from the February 13th total of 27,700 shares. Based on an average trading volume of 7,800 shares, the days-to-cover ratio is currently 2.5 days. Approximately 4.3% of the shares of the stock are short sold.

Institutional Trading of iShares Lithium Miners and Producers ETF

An institutional investor recently bought a new position in iShares Lithium Miners and Producers ETF stock. Jane Street Group LLC purchased a new stake in iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 34,086 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned 7.57% of iShares Lithium Miners and Producers ETF as of its most recent SEC filing.

iShares Lithium Miners and Producers ETF Stock Up 2.9 %

ILIT opened at $8.89 on Friday. iShares Lithium Miners and Producers ETF has a twelve month low of $8.46 and a twelve month high of $14.54. The company has a 50-day moving average price of $9.07 and a 200 day moving average price of $9.99. The company has a market cap of $4.00 million, a PE ratio of 1.98 and a beta of 1.33.

iShares Lithium Miners and Producers ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4958 per share. The ex-dividend date 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.