Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Sees Significant Decline in Short Interest

Posted by Trevor Kearing on Mar 16th, 2025

Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Get Free Report) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 1,600 shares, a decrease of 27.3% from the February 13th total of 2,200 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 10,600 shares, the short-interest ratio is currently 0.2 days.

Sprott Junior Copper Miners ETF Stock Performance

Sprott Junior Copper Miners ETF stock traded up $0.47 during midday trading on Friday, hitting $19.85. 13,991 shares of the company’s stock were exchanged, compared to its average volume of 11,122. Sprott Junior Copper Miners ETF has a 12 month low of $17.75 and a 12 month high of $26.43. The firm has a 50-day moving average of $19.15 and a two-hundred day moving average of $20.60. The company has a market cap of $13.70 million, a PE ratio of 9.25 and a beta of -1.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its holdings in Sprott Junior Copper Miners ETF by 23.8% during the 3rd quarter. HighTower Advisors LLC now owns 36,298 shares of the company’s stock worth $856,000 after acquiring an additional 6,968 shares in the last quarter. Raffles Associates LP bought a new position in Sprott Junior Copper Miners ETF during the 4th quarter worth about $215,000. Finally, Jane Street Group LLC grew its holdings in Sprott Junior Copper Miners ETF by 377.7% during the 4th quarter. Jane Street Group LLC now owns 72,588 shares of the company’s stock worth $1,339,000 after acquiring an additional 57,394 shares in the last quarter.

About Sprott Junior Copper Miners ETF

(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.