Sprott Lithium Miners ETF (NASDAQ:LITP) Short Interest Update

Sprott Lithium Miners ETF (NASDAQ:LITP) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decline of 25.2% from the February 13th total of 10,300 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 29,500 shares, the short-interest ratio is currently 0.3 days.

Sprott Lithium Miners ETF Stock Up 7.0 %

Sprott Lithium Miners ETF stock opened at $6.74 on Tuesday. The company’s 50-day moving average price is $6.69 and its 200-day moving average price is $7.41. Sprott Lithium Miners ETF has a twelve month low of $5.80 and a twelve month high of $11.18. The company has a market cap of $6.27 million, a PE ratio of 18.67 and a beta of 2.50.

Institutional Trading of Sprott Lithium Miners ETF

A hedge fund recently raised its stake in Sprott Lithium Miners ETF stock. Jane Street Group LLC lifted its holdings in Sprott Lithium Miners ETF (NASDAQ:LITP) by 22.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,113 shares of the company’s stock after buying an additional 3,625 shares during the period. Jane Street Group LLC owned about 2.31% of Sprott Lithium Miners ETF worth $165,000 at the end of the most recent reporting period.

About Sprott Lithium Miners ETF

The Sprott Lithium Miners ETF (LITP) is an exchange-traded fund that is based on the Nasdaq Sprott Lithium Miners index. The fund aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap.