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

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 420,111 shares, an increase of 250.0% from the January 15th total of 120,036 shares. Currently, 11.0% of the shares of the stock are sold short. Based on an average trading volume of 536,963 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 536,963 shares, the short-interest ratio is currently 0.8 days. Currently, 11.0% of the shares of the stock are sold short.

Sprott Junior Copper Miners ETF Price Performance

COPJ traded down $1.85 during midday trading on Thursday, reaching $44.40. 199,658 shares of the company’s stock were exchanged, compared to its average volume of 349,802. Sprott Junior Copper Miners ETF has a 1-year low of $16.22 and a 1-year high of $53.94. The stock has a market capitalization of $170.03 million, a PE ratio of 11.67 and a beta of 0.83. The business’s 50-day moving average price is $43.00 and its 200 day moving average price is $35.43.

Sprott Junior Copper Miners ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were issued a dividend of $4.5473 per share. This represents a yield of 1,272.0%. The ex-dividend date was Thursday, December 18th.

Institutional Trading of Sprott Junior Copper Miners ETF

Large investors have recently made changes to their positions in the stock. Client First Investment Management LLC acquired a new position in Sprott Junior Copper Miners ETF in the 4th quarter valued at about $1,083,000. PNC Financial Services Group Inc. purchased a new position in shares of Sprott Junior Copper Miners ETF during the third quarter valued at approximately $783,000. Envestnet Asset Management Inc. acquired a new stake in Sprott Junior Copper Miners ETF during the third quarter worth approximately $390,000. Synergy Asset Management LLC purchased a new stake in Sprott Junior Copper Miners ETF in the 3rd quarter worth approximately $376,000. Finally, Susquehanna International Group LLP acquired a new position in Sprott Junior Copper Miners ETF in the 3rd quarter valued at $204,000.

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. COPJ was launched on Feb 1, 2023 and is managed by Sprott.