Tradr 2X Long LITE Daily ETF (BATS:LITX) Shares Shorted: Short Interest Down 50.0% in September

Tradr 2X Long LITE Daily ETF (BATS:LITX) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 707,340 shares, a decrease of 50.0% from the September 15th total of 1,414,951 shares. Based on an average trading volume of 2,687,371 shares, the short-interest ratio is presently 0.3 days.

Tradr 2X Long LITE Daily ETF Trading Down 18.6%

Shares of BATS:LITX opened at $27.72 on Thursday. Tradr 2X Long LITE Daily ETF has a 52-week low of $9.23 and a 52-week high of $62.79.

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.

The fund’s underlying thematic exposure spans companies in multiple countries and is intended to reflect the global lithium and battery supply chain.