For The Lithium ETF, Oversupply Fears May be Overblown
This article was originally published on ETFTrends.com.
The Global X Lithium & Battery Tech ETF (NYSEArca: LIT), an exchange traded fund dedicated to companies in the lithium supply cycle, is lower by nearly 13% this month and concerns about oversupply of lithium could be one of the reasons LIT is flailing. LIT, which is nearly nine years old, tracks the Solactive Global [...]