Themes Copper Miners ETF (BATS:COPA) Sees Large Drop in Short Interest

Themes Copper Miners ETF (BATS:COPA) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 885 shares, a drop of 42.5% from the May 14th total of 1,538 shares. Currently, 2.2% of the company’s shares are sold short. Based on an average daily volume of 4,616 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Themes Copper Miners ETF

A hedge fund recently bought a new stake in Themes Copper Miners ETF stock. Jane Street Group LLC bought a new position in Themes Copper Miners ETF (BATS:COPA) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 10,512 shares of the company’s stock, valued at approximately $287,000. Jane Street Group LLC owned 26.28% of Themes Copper Miners ETF as of its most recent SEC filing.

Themes Copper Miners ETF Stock Up 2.7%

Shares of BATS:COPA opened at $51.87 on Friday. The stock has a market cap of $2.07 million and a PE ratio of 17.74. The company’s fifty day moving average is $49.33 and its 200 day moving average is $46.87. Themes Copper Miners ETF has a 52 week low of $25.50 and a 52 week high of $57.75.

About Themes Copper Miners ETF

The Themes Copper Miners ETF (COPA) is an exchange-traded fund that is based on the BITA Global Copper Mining Select index. The fund tracks an index comprised of global companies that derive significant revenue from copper mining, exploration, and refining. Securities are weighted based on the amount of revenue and level of exposure tied to the copper industry, subject to capping constraints and flooring conditions. COPA was launched on Sep 24, 2024 and is issued by Themes.