The Lithium ETF (NYSE:LIT) is seeing unusually high volume in afternoon trading Monday, with over 1.4 million shares traded versus three month average volume of about 284,000. Shares of LIT were up about 2.1% on the day.
Components of that ETF with the highest volume on Monday were Tesla (NASDAQ:TSLA), trading up about 1.7% with over 4.0 million shares changing hands so far this session, and Lithium Americas (TSE:LAC.CA), up about 2.4% on volume of over 1.8 million shares. Cbak Energy (NASDAQ:CBAK) is the component faring the best Monday, higher by about 4.5% on the day, while Johnson Controls (NYSE:JCI) is lagging other components of the Lithium ETF, trading lower by about 0.7%.
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