Friday's ETF with Unusual Volume: LIT
ETF Channel Staff - Friday, May 27, 1:43 PMThe Lithium ETF (LIT) is seeing unusually high volume in afternoon trading Friday, with over 119,000 shares traded versus three month average volume of about 54,000. Shares of LIT were up about 0.5% on the day.
Components of that ETF with the highest volume on Friday were Tesla Motors (TSLA), trading off about 0.7% with over 2.2 million shares changing hands so far this session, and Johnson Controls (JCI), up about 0.1% on volume of over 1.2 million shares. Ultralife (ULBI) is the component faring the best Friday, up by about 2.1% on the day, while Lithium Americas (LAC.CA) is lagging other components of the Lithium ETF, trading lower by about 1.1%.