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

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decline of 85.7% from the October 31st total of 700 shares. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is presently 0.0 days.

Sprott Junior Copper Miners ETF Price Performance

COPJ stock traded up $0.03 during midday trading on Friday, hitting $21.85. The company’s stock had a trading volume of 2,965 shares, compared to its average volume of 9,883. Sprott Junior Copper Miners ETF has a twelve month low of $16.47 and a twelve month high of $26.43. The company’s fifty day moving average price is $22.48 and its 200 day moving average price is $22.12. The stock has a market capitalization of $10.93 million, a P/E ratio of 11.30 and a beta of -1.84.

Institutional Investors Weigh In On Sprott Junior Copper Miners ETF

A hedge fund recently raised its stake in Sprott Junior Copper Miners ETF stock. HighTower Advisors LLC raised its holdings in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) by 23.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,298 shares of the company’s stock after buying an additional 6,968 shares during the period. HighTower Advisors LLC owned 7.26% of Sprott Junior Copper Miners ETF worth $856,000 at the end of the most recent reporting period.

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.