Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Sees Significant Growth in Short Interest

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 900 shares, a growth of 800.0% from the November 15th total of 100 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is currently 0.1 days.

Sprott Junior Copper Miners ETF Trading Down 10.8 %

Shares of NASDAQ:COPJ traded down $2.39 during mid-day trading on Thursday, reaching $19.70. The stock had a trading volume of 14,488 shares, compared to its average volume of 9,679. The firm has a market cap of $9.85 million, a PE ratio of 11.30 and a beta of -1.84. The firm has a 50 day simple moving average of $22.25 and a two-hundred day simple moving average of $21.94. Sprott Junior Copper Miners ETF has a twelve month low of $16.47 and a twelve month high of $26.43.

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 boosted its stake in shares of Sprott Junior Copper Miners ETF (NASDAQ:COPJ) by 23.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,298 shares of the company’s stock after buying an additional 6,968 shares during the period. HighTower Advisors LLC owned approximately 7.26% of Sprott Junior Copper Miners ETF worth $856,000 as of its most recent filing with the SEC.

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.