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 recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 19,300 shares, a drop of 30.3% from the February 13th total of 27,700 shares. Based on an average daily trading volume, of 7,800 shares, the short-interest ratio is currently 2.5 days. Currently, 4.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

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

iShares Lithium Miners and Producers ETF Stock Performance

Shares of iShares Lithium Miners and Producers ETF stock opened at $8.89 on Friday. iShares Lithium Miners and Producers ETF has a one year low of $8.46 and a one year high of $14.54. The stock’s fifty day moving average is $9.07 and its 200 day moving average is $9.99. The stock has a market cap of $4.00 million, a P/E ratio of 1.98 and a beta of 1.33.

iShares Lithium Miners and Producers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.4958 dividend. 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.