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

Sprott Junior Copper Miners ETF (NASDAQ:COPJ) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, a decrease of 71.4% from the August 15th total of 1,400 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is presently 0.0 days.

Sprott Junior Copper Miners ETF Price Performance

Shares of NASDAQ:COPJ traded up $0.31 during trading on Friday, hitting $21.14. The company had a trading volume of 4,225 shares, compared to its average volume of 10,865. The stock has a market cap of $12.26 million, a price-to-earnings ratio of 11.30 and a beta of -1.84. The company has a fifty day simple moving average of $21.28 and a two-hundred day simple moving average of $21.60. Sprott Junior Copper Miners ETF has a one year low of $15.84 and a one year high of $26.43.

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.