Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Down 69.4% in January

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,500 shares, a decrease of 69.4% from the January 15th total of 4,900 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.2 days.

Sprott Junior Copper Miners ETF Stock Performance

Shares of NASDAQ COPJ traded up $0.16 during mid-day trading on Wednesday, hitting $19.73. The stock had a trading volume of 1,623 shares, compared to its average volume of 9,501. The company has a 50 day moving average of $19.11 and a two-hundred day moving average of $20.84. The firm has a market cap of $13.61 million, a PE ratio of 11.30 and a beta of -1.84. Sprott Junior Copper Miners ETF has a twelve month low of $16.47 and a twelve month high of $26.43.

Sprott Junior Copper Miners ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were paid a $2.148 dividend. The ex-dividend date was Thursday, December 12th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Sprott Junior Copper Miners ETF stock. HighTower Advisors LLC boosted its stake in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) by 23.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 36,298 shares of the company’s stock after purchasing an additional 6,968 shares during the period. HighTower Advisors LLC owned about 7.26% of Sprott Junior Copper Miners ETF worth $856,000 at the end of the most recent quarter.

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.