Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Short Interest Down 74.1% in February

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 108,963 shares, a drop of 74.1% from the January 29th total of 420,111 shares. Based on an average daily volume of 248,633 shares, the short-interest ratio is presently 0.4 days. Approximately 2.8% of the shares of the stock are short sold. Approximately 2.8% of the shares of the stock are short sold. Based on an average daily volume of 248,633 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Sprott Junior Copper Miners ETF

A number of large investors have recently modified their holdings of the business. Client First Investment Management LLC purchased a new position in shares of Sprott Junior Copper Miners ETF during the fourth quarter worth about $1,083,000. PNC Financial Services Group Inc. bought a new stake in Sprott Junior Copper Miners ETF during the third quarter valued at approximately $783,000. Envestnet Asset Management Inc. bought a new stake in Sprott Junior Copper Miners ETF during the third quarter valued at approximately $390,000. Synergy Asset Management LLC purchased a new position in Sprott Junior Copper Miners ETF in the 3rd quarter worth approximately $376,000. Finally, Susquehanna International Group LLP bought a new position in shares of Sprott Junior Copper Miners ETF in the 3rd quarter worth $204,000.

Sprott Junior Copper Miners ETF Price Performance

COPJ opened at $47.98 on Thursday. The firm has a market capitalization of $183.76 million, a P/E ratio of 11.67 and a beta of 0.83. Sprott Junior Copper Miners ETF has a one year low of $16.22 and a one year high of $53.94. The company has a fifty day moving average price of $43.99 and a 200-day moving average price of $36.80.

Sprott Junior Copper Miners ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, December 22nd. Investors of record on Thursday, December 18th were given a dividend of $4.5473 per share. This represents a yield of 1,272.0%. The ex-dividend date was Thursday, December 18th.

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.