Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Up 131.4% in September

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 8,100 shares, a growth of 131.4% from the August 31st total of 3,500 shares. Based on an average daily volume of 16,200 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 16,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of COPJ. Cambridge Investment Research Advisors Inc. grew its stake in shares of Sprott Junior Copper Miners ETF by 4.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,818 shares of the company’s stock valued at $300,000 after buying an additional 667 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Sprott Junior Copper Miners ETF by 35.7% during the first quarter. HighTower Advisors LLC now owns 42,195 shares of the company’s stock valued at $854,000 after buying an additional 11,090 shares during the last quarter. Finally, OLD Mission Capital LLC grew its stake in shares of Sprott Junior Copper Miners ETF by 519.2% during the first quarter. OLD Mission Capital LLC now owns 73,696 shares of the company’s stock valued at $1,492,000 after buying an additional 61,794 shares during the last quarter.

Sprott Junior Copper Miners ETF Stock Up 0.7%

NASDAQ COPJ opened at $32.44 on Monday. The stock’s 50-day simple moving average is $27.68 and its two-hundred day simple moving average is $24.06. Sprott Junior Copper Miners ETF has a twelve month low of $16.22 and a twelve month high of $33.18. The company has a market capitalization of $25.63 million, a price-to-earnings ratio of 11.67 and a beta of -1.84.

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.