Sprott Copper Miners ETF (COPP) Short Interest Ratio & Short Volume

Short interest is the volume of Sprott Copper Miners ETF shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 3,200 shares of COPP short. Learn More on Sprott Copper Miners ETF's current short interest.

Sprott Copper Miners ETF saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 3,200 shares, an increase of 700.0% from the previous total of 400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Sprott Copper Miners ETF: Xtrackers RREEF Global Natural Resources ETF (0.13%), iShares Copper and Metals Mining ETF (2.15%), Invesco S&P SmallCap Materials ETF (1.52%), iShares Lithium Miners and Producers ETF (0.11%), Themes Gold Miners ETF (4.14%), Themes Silver Miners ETF (1.50%), Invesco Dorsey Wright Basic Materials Momentum ETF (0.14%), First Trust Indxx Global Natural Resources Income ETF (0.00%), iShares Global Timber & Forestry ETF (0.66%), and iShares MSCI Global Gold Miners ETF (10.59%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling COPP is an investing strategy that aims to generate trading profit from Sprott Copper Miners ETF as its price is falling. COPP shares are trading down $0.04 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Sprott Copper Miners ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of COPP, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including COPP, twice per month. The most recent reporting period available is October, 31 2024.