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 significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,500 shares, a decline of 69.4% from the January 15th total of 4,900 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is presently 0.2 days.

Sprott Junior Copper Miners ETF Price Performance

Shares of COPJ stock traded up $0.16 during trading hours on Wednesday, hitting $19.73. The stock had a trading volume of 1,623 shares, compared to its average volume of 9,501. Sprott Junior Copper Miners ETF has a one year low of $16.47 and a one year high of $26.43. The stock’s 50-day moving average price is $19.11 and its two-hundred day moving average price is $20.84. The stock has a market capitalization of $13.61 million, a price-to-earnings ratio of 11.30 and a beta of -1.84.

Sprott Junior Copper Miners ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were given a $2.148 dividend. The ex-dividend date of this dividend 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 shares of Sprott Junior Copper Miners ETF (NASDAQ:COPJ) by 23.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 7.26% of Sprott Junior Copper Miners ETF worth $856,000 as of its most recent filing with the Securities & Exchange Commission.

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.