Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Update

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 44,283 shares, a growth of 58.0% from the November 30th total of 28,033 shares. Based on an average trading volume of 71,788 shares, the short-interest ratio is currently 0.6 days. Currently, 5.2% of the company’s stock are short sold. Currently, 5.2% of the company’s stock are short sold. Based on an average trading volume of 71,788 shares, the short-interest ratio is currently 0.6 days.

Sprott Junior Copper Miners ETF Stock Up 2.3%

COPJ stock opened at $39.92 on Monday. The company has a market cap of $33.93 million, a price-to-earnings ratio of 11.67 and a beta of 0.83. Sprott Junior Copper Miners ETF has a twelve month low of $16.22 and a twelve month high of $41.26. The business has a 50 day moving average price of $36.81 and a two-hundred day moving average price of $30.90.

Sprott Junior Copper Miners ETF Dividend Announcement

The company also recently announced 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. This represents a yield of 1,272.0%. The ex-dividend date was Thursday, December 18th.

Institutional Trading of Sprott Junior Copper Miners ETF

A number of large investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP acquired a new position in shares of Sprott Junior Copper Miners ETF in the third quarter valued at approximately $204,000. Synergy Asset Management LLC bought a new stake in Sprott Junior Copper Miners ETF in the 3rd quarter valued at $376,000. Envestnet Asset Management Inc. bought a new stake in Sprott Junior Copper Miners ETF in the 3rd quarter valued at $390,000. PNC Financial Services Group Inc. acquired a new position in Sprott Junior Copper Miners ETF in the 3rd quarter valued at $783,000. Finally, OLD Mission Capital LLC increased its position in Sprott Junior Copper Miners ETF by 519.2% during the 1st quarter. OLD Mission Capital LLC now owns 73,696 shares of the company’s stock worth $1,492,000 after buying an additional 61,794 shares during the period.

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