iShares Copper and Metals Mining ETF (NASDAQ:ICOP) Short Interest Update

Posted by Paula Ricardo on Mar 31st, 2025

iShares Copper and Metals Mining ETF (NASDAQ:ICOP – Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 34,500 shares, a growth of 54.7% from the February 28th total of 22,300 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is presently 1.5 days. Approximately 1.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc purchased a new position in iShares Copper and Metals Mining ETF in the fourth quarter valued at approximately $38,000. U.S. Capital Wealth Advisors LLC purchased a new position in shares of iShares Copper and Metals Mining ETF during the 4th quarter valued at $548,000. OLD Mission Capital LLC lifted its position in shares of iShares Copper and Metals Mining ETF by 76.1% during the 4th quarter. OLD Mission Capital LLC now owns 72,199 shares of the company’s stock valued at $1,843,000 after buying an additional 31,200 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co bought a new position in shares of iShares Copper and Metals Mining ETF during the 4th quarter worth $3,698,000. 1.35% of the stock is owned by institutional investors.

iShares Copper and Metals Mining ETF Stock Down 2.3 %

ICOP traded down $0.62 during trading on Monday, hitting $25.90. 18,259 shares of the company traded hands, compared to its average volume of 27,518. iShares Copper and Metals Mining ETF has a one year low of $24.65 and a one year high of $35.41. The stock’s fifty day moving average is $26.74 and its 200 day moving average is $28.05. The firm has a market cap of $46.62 million, a P/E ratio of -9.22 and a beta of 1.04.

About iShares Copper and Metals Mining ETF

(Get Free Report)

The iShares Copper and Metals Mining ETF (ICOP) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-capitalization weighted index composed of stocks of copper and metal ore mining companies globally. Stocks are quantitatively screened to identify stocks with significant revenue tied to this space ICOP was launched on Jun 21, 2023 and is managed by BlackRock.