Sprott Copper Miners ETF (NASDAQ:COPP) Short Interest Update

Sprott Copper Miners ETF (NASDAQ:COPP) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 3,200 shares, an increase of 220.0% from the September 15th total of 1,000 shares. Based on an average trading volume of 19,300 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Sprott Copper Miners ETF

A hedge fund recently bought a new stake in Sprott Copper Miners ETF stock. SeaCrest Wealth Management LLC purchased a new stake in Sprott Copper Miners ETF (NASDAQ:COPP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 30,804 shares of the company’s stock, valued at approximately $772,000. SeaCrest Wealth Management LLC owned approximately 2.88% of Sprott Copper Miners ETF as of its most recent SEC filing.

Sprott Copper Miners ETF Trading Up 1.4 %

Sprott Copper Miners ETF stock traded up $0.36 during mid-day trading on Friday, hitting $25.65. The company had a trading volume of 3,878 shares, compared to its average volume of 30,215. The company has a market capitalization of $28.73 million, a price-to-earnings ratio of 41.36 and a beta of 0.77. The company’s fifty day moving average is $23.78 and its 200-day moving average is $24.73. Sprott Copper Miners ETF has a 12-month low of $20.11 and a 12-month high of $28.84.

About Sprott Copper Miners ETF

The Sprott Copper Miners ETF (COPP) is an exchange-traded fund that is based on the Nasdaq Sprott Copper Miners index. The fund is passively managed, tracking a modified market-cap weighted index comprised of companies in the mining, exploration, development, and production of copper. The fund invests in securities of issuers from all around the world.