Short Interest in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Rises By 800.0%

Posted by Patrick Bannon on Dec 13th, 2024

Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Get Free Report) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 900 shares, a growth of 800.0% from the November 15th total of 100 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is presently 0.1 days.

Sprott Junior Copper Miners ETF Price Performance

COPJ stock opened at $19.38 on Friday. The company has a market capitalization of $9.69 million, a P/E ratio of 11.30 and a beta of -1.84. Sprott Junior Copper Miners ETF has a 12 month low of $16.47 and a 12 month high of $26.43. The firm’s fifty day simple moving average is $22.18 and its 200-day simple moving average is $21.92.

Sprott Junior Copper Miners ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be issued a $2.148 dividend. The ex-dividend date of this dividend is Thursday, December 12th.

Institutional Trading of Sprott Junior Copper Miners ETF

A hedge fund recently raised its stake in Sprott Junior Copper Miners ETF stock. HighTower Advisors LLC lifted its position in shares of Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Free Report) by 23.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,298 shares of the company’s stock after acquiring an additional 6,968 shares during the quarter. HighTower Advisors LLC owned 7.26% of Sprott Junior Copper Miners ETF worth $856,000 as of its most recent SEC filing.

Sprott Junior Copper Miners ETF Company Profile

(Get Free Report)

The Sprott Junior Copper Miners ETF (COPJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Copper Miners index. The fund seeks to track an index of small copper miners around the globe, primarily those with revenues tied to the mining, development and production of copper. Securities are selected using a fundamental, proprietary methodology and weighted by market cap.