Short Interest in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Expands By 58.0%

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 44,283 shares, an increase of 58.0% from the November 30th total of 28,033 shares. Based on an average daily volume of 71,788 shares, the short-interest ratio is presently 0.6 days. Approximately 5.2% of the shares of the stock are short sold. Approximately 5.2% of the shares of the stock are short sold. Based on an average daily volume of 71,788 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Sprott Junior Copper Miners ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Susquehanna International Group LLP purchased a new stake in Sprott Junior Copper Miners ETF in the 3rd quarter worth $204,000. PNC Financial Services Group Inc. bought a new stake in shares of Sprott Junior Copper Miners ETF in the third quarter worth about $783,000. Envestnet Asset Management Inc. purchased a new stake in shares of Sprott Junior Copper Miners ETF in the third quarter worth about $390,000. Synergy Asset Management LLC purchased a new stake in shares of Sprott Junior Copper Miners ETF in the third quarter worth about $376,000. Finally, OLD Mission Capital LLC boosted its stake in Sprott Junior Copper Miners ETF by 519.2% during the first quarter. OLD Mission Capital LLC now owns 73,696 shares of the company’s stock valued at $1,492,000 after buying an additional 61,794 shares during the last quarter.

Sprott Junior Copper Miners ETF Price Performance

COPJ stock opened at $39.66 on Wednesday. Sprott Junior Copper Miners ETF has a 1-year low of $16.22 and a 1-year high of $41.26. The business has a 50 day simple moving average of $36.97 and a two-hundred day simple moving average of $31.12. The company has a market capitalization of $33.71 million, a price-to-earnings ratio of 11.67 and a beta of 0.83.

Sprott Junior Copper Miners ETF Announces Dividend

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

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