Short Interest in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Expands By 276.9%

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 4,900 shares, an increase of 276.9% from the March 15th total of 1,300 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 14,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. HighTower Advisors LLC grew its stake in Sprott Junior Copper Miners ETF by 23.8% during the 3rd quarter. HighTower Advisors LLC now owns 36,298 shares of the company’s stock valued at $856,000 after acquiring an additional 6,968 shares in the last quarter. Jane Street Group LLC grew its position in Sprott Junior Copper Miners ETF by 377.7% during the fourth quarter. Jane Street Group LLC now owns 72,588 shares of the company’s stock valued at $1,339,000 after purchasing an additional 57,394 shares in the last quarter. Finally, Raffles Associates LP acquired a new position in Sprott Junior Copper Miners ETF in the 4th quarter valued at approximately $215,000.

Sprott Junior Copper Miners ETF Stock Performance

Sprott Junior Copper Miners ETF stock opened at $19.32 on Thursday. The company has a 50 day moving average price of $19.45 and a 200 day moving average price of $20.28. Sprott Junior Copper Miners ETF has a 52 week low of $16.22 and a 52 week high of $26.43. The firm has a market capitalization of $11.21 million, a price-to-earnings ratio of 9.70 and a beta of -1.84.

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.