iShares Copper and Metals Mining ETF (NASDAQ:ICOP) Short Interest Update

iShares Copper and Metals Mining ETF (NASDAQ:ICOP) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 27,300 shares, a growth of 1,200.0% from the April 15th total of 2,100 shares. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is presently 1.6 days.

iShares Copper and Metals Mining ETF Trading Up 0.5 %

ICOP stock opened at $32.30 on Friday. The business’s 50-day moving average is $29.14 and its 200 day moving average is $25.80. iShares Copper and Metals Mining ETF has a 12-month low of $21.54 and a 12-month high of $32.70. The stock has a market cap of $16.15 million, a price-to-earnings ratio of -11.49 and a beta of 1.04.

iShares Copper and Metals Mining ETF Company Profile

The iShares Copper and Metals Mining ETF (ICOP) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-capitalization weighted index composed of stocks of copper and metal ore mining companies globally. Stocks are quantitatively screened to identify stocks with significant revenue tied to this space ICOP was launched on Jun 21, 2023 and is managed by BlackRock.