Latest News for LIT

Global X Lithium and Battery Tech ETF (NYSEARCA:LIT - Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 400,530 shares, a drop of 53.1% from the August 31st total of 854,280 shares. Based on an average daily volume of 284,787 shares, the days-to-cover

More than two dozen Democratic lawmakers on Friday urged President Donald Trump to keep in place a ban on Chinese automakers out of the US market, ahead of his meeting with China's President Xi Jinping this week.

Seven months into the Iran war, crude has once again touched above $105 a barrel, just weeks after trading as low as $68. Refined-product markets have tightened systemically, forcing commodity desks to abandon the models they relied on when hostilities began.

Short-term swings in commodity pricing aside, battery stocks present a compelling long-term proposition for investors anticipating that the electrification boom will continue. These companies have faced some challenges of late, including turbulent lithium prices, concerns about oversupply, and slower-than-hoped-for electric vehicle sales growth.

Global X Lithium and Battery Tech ETF (NYSEARCA:LIT - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $72.75 and traded as low as $71.59. Global X Lithium and Battery Tech ETF shares last traded at $71.81, with
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