Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 7,221 shares, a drop of 72.7% from the April 15th total of 26,447 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 97,605 shares, the days-to-cover ratio is currently 0.1 days.
Sprott Junior Copper Miners ETF Price Performance
NASDAQ COPJ traded down $3.18 during trading hours on Friday, reaching $42.66. The company’s stock had a trading volume of 136,902 shares, compared to its average volume of 209,629. The firm has a fifty day simple moving average of $41.28 and a 200-day simple moving average of $41.23. The stock has a market cap of $173.63 million, a P/E ratio of 11.67 and a beta of 0.95. Sprott Junior Copper Miners ETF has a 52 week low of $19.71 and a 52 week high of $53.94.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC bought a new position in Sprott Junior Copper Miners ETF during the 1st quarter worth approximately $39,000. Simplex Trading LLC bought a new position in Sprott Junior Copper Miners ETF during the 4th quarter worth approximately $121,000. Osaic Holdings Inc. raised its holdings in Sprott Junior Copper Miners ETF by 26.9% during the 4th quarter. Osaic Holdings Inc. now owns 3,895 shares of the company’s stock worth $153,000 after purchasing an additional 825 shares during the last quarter. Group One Trading LLC raised its holdings in Sprott Junior Copper Miners ETF by 1,189.6% during the 1st quarter. Group One Trading LLC now owns 4,978 shares of the company’s stock worth $194,000 after purchasing an additional 4,592 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in Sprott Junior Copper Miners ETF during the 3rd quarter worth approximately $204,000.
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.
See Also
- Five stocks we like better than Sprott Junior Copper Miners ETF
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for Sprott Junior Copper Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Junior Copper Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
