Short Interest in Ishares Lithium Miners And Producers ETF (NASDAQ:ILIT) Expands By 185.9%

Ishares Lithium Miners And Producers ETF (NASDAQ:ILIT) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 36,600 shares, a growth of 185.9% from the February 29th total of 12,800 shares. Based on an average trading volume of 5,200 shares, the days-to-cover ratio is presently 7.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Ishares Lithium Miners And Producers ETF stock. BlackRock Inc. purchased a new stake in shares of Ishares Lithium Miners And Producers ETF (NASDAQ:ILIT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 150,000 shares of the company’s stock, valued at approximately $3,724,000. BlackRock Inc. owned approximately 75.00% of Ishares Lithium Miners And Producers ETF as of its most recent SEC filing.

Ishares Lithium Miners And Producers ETF Price Performance

Shares of NASDAQ:ILIT traded up $0.02 during trading on Friday, reaching $13.65. The company had a trading volume of 396 shares, compared to its average volume of 5,382. Ishares Lithium Miners And Producers ETF has a 12 month low of $11.85 and a 12 month high of $26.33. The company has a fifty day moving average of $13.58 and a two-hundred day moving average of $15.58.

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.