Sprott Copper Miners ETF (NASDAQ:COPP) Short Interest Update

Sprott Copper Miners ETF (NASDAQ:COPP) saw a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 500 shares, a decrease of 58.3% from the July 31st total of 1,200 shares. Based on an average trading volume of 26,100 shares, the days-to-cover ratio is currently 0.0 days.

Sprott Copper Miners ETF Stock Performance

NASDAQ:COPP traded down $0.99 during trading hours on Wednesday, hitting $23.63. The stock had a trading volume of 31,035 shares, compared to its average volume of 33,691. The firm has a 50 day moving average price of $24.28. The stock has a market cap of $26.47 million, a P/E ratio of 41.36 and a beta of 0.77. Sprott Copper Miners ETF has a one year low of $20.11 and a one year high of $28.84.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sprott Copper Miners ETF stock. SeaCrest Wealth Management LLC purchased a new stake in Sprott Copper Miners ETF (NASDAQ:COPP) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 30,804 shares of the company’s stock, valued at approximately $772,000. SeaCrest Wealth Management LLC owned 2.88% of Sprott Copper Miners ETF as of its most recent SEC filing.

Sprott Copper Miners ETF Company Profile

The Sprott Copper Miners ETF (COPP) is an exchange-traded fund that is based on the Nasdaq Sprott Copper Miners index. The fund is passively managed, tracking a modified market-cap weighted index comprised of companies in the mining, exploration, development, and production of copper. The fund invests in securities of issuers from all around the world.