Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Update

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,600 shares, a drop of 27.3% from the February 13th total of 2,200 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Sprott Junior Copper Miners ETF

Several hedge funds have recently added to or reduced their stakes in COPJ. Jane Street Group LLC increased its position in Sprott Junior Copper Miners ETF by 377.7% in the 4th quarter. Jane Street Group LLC now owns 72,588 shares of the company’s stock worth $1,339,000 after buying an additional 57,394 shares during the period. Raffles Associates LP acquired a new stake in shares of Sprott Junior Copper Miners ETF in the fourth quarter worth $215,000. Finally, HighTower Advisors LLC increased its position in Sprott Junior Copper Miners ETF by 23.8% during the third quarter. HighTower Advisors LLC now owns 36,298 shares of the company’s stock worth $856,000 after acquiring an additional 6,968 shares during the period.

Sprott Junior Copper Miners ETF Stock Up 2.2 %

COPJ stock traded up $0.43 during mid-day trading on Monday, reaching $20.26. 9,385 shares of the stock traded hands, compared to its average volume of 11,115. The firm has a market capitalization of $13.98 million, a PE ratio of 10.02 and a beta of -1.84. The business has a 50-day moving average of $19.15 and a two-hundred day moving average of $20.60. Sprott Junior Copper Miners ETF has a 52 week low of $17.75 and a 52 week high of $26.43.

About Sprott Junior Copper Miners ETF

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.