Tradr 2X Long LITE Daily ETF (BATS:LITX) Stock Short Interest Declines 62.7%

Tradr 2X Long LITE Daily ETF (BATS:LITX) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 471,057 shares, a decline of 62.7% from the October 15th total of 1,261,247 shares. Based on an average daily trading volume, of 3,910,550 shares, the short-interest ratio is presently 0.1 days. Currently, 4.0% of the company’s stock are sold short.

Tradr 2X Long LITE Daily ETF Stock Performance

LITX stock traded down $0.95 during trading on Friday, reaching $10.11. 3,902,784 shares of the stock were exchanged, compared to its average volume of 4,278,560. The business’s 50 day simple moving average is $27.12. Tradr 2X Long LITE Daily ETF has a twelve month low of $7.48 and a twelve month high of $62.79.

Tradr 2X Long LITE Daily ETF Company Profile

Defiance Daily Target 2X Long LIT ETF is an exchange-traded fund managed by Defiance ETFs and traded under the symbol LITX on the Cboe BZX Exchange. The fund is designed to provide approximately twice the daily performance of the Global X Lithium & Battery Tech ETF, before fees and expenses. LITX generally seeks this objective through derivatives and other financial instruments rather than by directly holding a portfolio that mirrors the underlying ETF. Its exposure is tied to companies involved in the lithium and battery-technology industries, including businesses connected to lithium mining, processing, battery production and related technologies.