Short Interest in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Rises By 36.5%

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 14,498 shares, an increase of 36.5% from the November 30th total of 10,622 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily volume of 4,030 shares, the short-interest ratio is currently 3.6 days. Based on an average daily volume of 4,030 shares, the short-interest ratio is currently 3.6 days. Approximately 1.1% of the company’s shares are sold short.

Institutional Investors Weigh In On VanEck Brazil Small-Cap ETF

Several hedge funds have recently modified their holdings of BRF. Citadel Advisors LLC purchased a new stake in VanEck Brazil Small-Cap ETF in the third quarter valued at approximately $236,000. Jane Street Group LLC boosted its holdings in shares of VanEck Brazil Small-Cap ETF by 44.9% in the 2nd quarter. Jane Street Group LLC now owns 15,729 shares of the company’s stock valued at $242,000 after purchasing an additional 4,873 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter valued at $258,000. Finally, Gould Asset Management LLC CA grew its stake in shares of VanEck Brazil Small-Cap ETF by 6.0% during the 2nd quarter. Gould Asset Management LLC CA now owns 19,815 shares of the company’s stock valued at $305,000 after buying an additional 1,125 shares during the period.

VanEck Brazil Small-Cap ETF Stock Performance

VanEck Brazil Small-Cap ETF stock traded up $0.36 during trading on Tuesday, hitting $16.17. The company’s stock had a trading volume of 970 shares, compared to its average volume of 6,200. The stock’s fifty day moving average is $16.64 and its 200 day moving average is $15.76. VanEck Brazil Small-Cap ETF has a 1-year low of $10.82 and a 1-year high of $18.22. The stock has a market capitalization of $21.83 million, a price-to-earnings ratio of 9.69 and a beta of 1.01.

VanEck Brazil Small-Cap ETF Company Profile

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.