iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) Short Interest Up 62.0% in February

iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 27,700 shares, a growth of 62.0% from the January 31st total of 17,100 shares. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 2.9 days.

Hedge Funds Weigh In On 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) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 34,086 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned about 7.57% of iShares Lithium Miners and Producers ETF as of its most recent filing with the Securities and Exchange Commission.

iShares Lithium Miners and Producers ETF Price Performance

NASDAQ ILIT traded down $0.06 during trading on Monday, reaching $8.70. 7,109 shares of the company’s stock were exchanged, compared to its average volume of 6,885. The business has a 50 day moving average price of $9.11 and a 200-day moving average price of $10.05. The stock has a market capitalization of $3.92 million, a P/E ratio of 1.98 and a beta of 1.33. iShares Lithium Miners and Producers ETF has a fifty-two week low of $8.58 and a fifty-two week high of $14.86.

iShares Lithium Miners and Producers ETF Announces Dividend

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