Short Interest in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Declines By 85.7%

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the target of a significant decline in short interest in 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 Stock Up 1.6 %

Shares of COPJ traded up $0.35 during trading hours on Thursday, reaching $21.82. 794 shares of the company traded hands, compared to its average volume of 9,914. The business has a fifty day moving average price of $22.48 and a 200-day moving average price of $22.13. Sprott Junior Copper Miners ETF has a 12-month low of $16.47 and a 12-month high of $26.43. The stock has a market capitalization of $10.91 million, a P/E ratio of 11.30 and a beta of -1.84.

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 Sprott Junior Copper Miners ETF (NASDAQ:COPJ) by 23.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,298 shares of the company’s stock after purchasing an additional 6,968 shares during the quarter. HighTower Advisors LLC owned about 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

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.