Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Down 85.7% in November

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the October 31st total of 700 shares. Based on an average trading volume of 7,500 shares, the short-interest ratio is currently 0.0 days.

Sprott Junior Copper Miners ETF Trading Up 1.6 %

Sprott Junior Copper Miners ETF stock traded up $0.35 during mid-day trading on Thursday, hitting $21.82. The company’s stock had a trading volume of 794 shares, compared to its average volume of 9,914. The stock’s fifty day moving average is $22.48 and its two-hundred day moving average is $22.13. The firm has a market capitalization of $10.91 million, a PE ratio of 11.30 and a beta of -1.84. Sprott Junior Copper Miners ETF has a 1 year low of $16.47 and a 1 year high of $26.43.

Hedge Funds Weigh In On Sprott Junior Copper Miners ETF

A hedge fund recently raised its stake in Sprott Junior Copper Miners ETF stock. HighTower Advisors LLC raised its stake in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) by 23.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,298 shares of the company’s stock after buying an additional 6,968 shares during the quarter. HighTower Advisors LLC owned about 7.26% of Sprott Junior Copper Miners ETF worth $856,000 at the end of the most recent quarter.

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.