Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Sees Significant Growth in Short Interest

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 700 shares, a growth of 40.0% from the October 15th total of 500 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is presently 0.1 days.

Sprott Junior Copper Miners ETF Trading Up 0.6 %

COPJ stock traded up $0.12 during midday trading on Thursday, hitting $21.25. 8,941 shares of the company’s stock were exchanged, compared to its average volume of 10,167. The stock has a market capitalization of $10.63 million, a price-to-earnings ratio of 11.30 and a beta of -1.84. The firm has a 50 day moving average price of $22.26 and a 200-day moving average price of $22.21. Sprott Junior Copper Miners ETF has a 12-month low of $16.47 and a 12-month high of $26.43.

Sprott Junior Copper Miners ETF Company Profile

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.