Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Down 47.7% in February

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 56,996 shares, a drop of 47.7% from the February 12th total of 108,963 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 151,171 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 151,171 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.5% of the shares of the company are short sold.

Sprott Junior Copper Miners ETF Trading Down 5.1%

Shares of COPJ traded down $2.13 during midday trading on Friday, reaching $39.70. The stock had a trading volume of 169,893 shares, compared to its average volume of 280,158. The firm has a market cap of $152.05 million, a PE ratio of 11.67 and a beta of 0.83. The firm has a 50 day simple moving average of $45.44 and a 200-day simple moving average of $38.28. Sprott Junior Copper Miners ETF has a one year low of $16.22 and a one year high of $53.94.

Sprott Junior Copper Miners ETF Announces Dividend

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

Institutional Trading of Sprott Junior Copper Miners ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Synergy Asset Management LLC acquired a new stake in shares of Sprott Junior Copper Miners ETF in the third quarter valued at approximately $376,000. Envestnet Asset Management Inc. acquired a new position in shares of Sprott Junior Copper Miners ETF during the 3rd quarter worth approximately $390,000. PNC Financial Services Group Inc. bought a new stake in Sprott Junior Copper Miners ETF in the 3rd quarter valued at $783,000. Susquehanna International Group LLP acquired a new stake in Sprott Junior Copper Miners ETF during the 3rd quarter valued at $204,000. Finally, Client First Investment Management LLC bought a new position in Sprott Junior Copper Miners ETF during the fourth quarter worth $1,083,000.

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.