Sprott Lithium Miners ETF (NASDAQ:LITP) Sees Significant Increase in Short Interest

Posted by ABMN Staff on May 29th, 2026

Sprott Lithium Miners ETF (NASDAQ:LITP – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 147,431 shares, an increase of 344.8% from the April 30th total of 33,144 shares. Based on an average daily volume of 126,388 shares, the short-interest ratio is presently 1.2 days. Currently, 3.8% of the shares of the company are sold short.

Sprott Lithium Miners ETF Trading Up 2.2%

Sprott Lithium Miners ETF stock opened at $16.03 on Friday. Sprott Lithium Miners ETF has a 12 month low of $5.06 and a 12 month high of $18.56. The stock’s 50 day simple moving average is $15.09 and its two-hundred day simple moving average is $13.67. The firm has a market cap of $61.56 million, a PE ratio of 16.45 and a beta of 1.28.

Institutional Investors Weigh In On Sprott Lithium Miners ETF

Several hedge funds have recently bought and sold shares of LITP. Sankala Group LLC purchased a new stake in Sprott Lithium Miners ETF in the 4th quarter worth approximately $56,000. Jane Street Group LLC purchased a new stake in Sprott Lithium Miners ETF in the 4th quarter worth approximately $138,000. Susquehanna International Group LLP purchased a new stake in Sprott Lithium Miners ETF in the 3rd quarter worth approximately $160,000. Bank of New York Mellon Corp purchased a new stake in Sprott Lithium Miners ETF in the 1st quarter worth approximately $221,000. Finally, Sprott Inc. boosted its position in Sprott Lithium Miners ETF by 189.8% in the 3rd quarter. Sprott Inc. now owns 38,465 shares of the company’s stock worth $347,000 after purchasing an additional 25,190 shares in the last quarter.

About Sprott Lithium Miners ETF

(Get Free Report)

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. LITP was launched on Feb 1, 2023 and is managed by Sprott.