Global X Brazil Active ETF (NYSEARCA:BRAZ) Short Interest Update

Global X Brazil Active ETF (NYSEARCA:BRAZ) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,665 shares, an increase of 88.6% from the May 31st total of 883 shares. Based on an average daily volume of 1,254 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of Global X Brazil Active ETF

Several large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Global X Brazil Active ETF by 31.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,234 shares of the company’s stock worth $2,159,000 after acquiring an additional 19,554 shares during the period. Susquehanna International Group LLP purchased a new stake in Global X Brazil Active ETF in the third quarter valued at $982,000. OLD Mission Capital LLC grew its position in Global X Brazil Active ETF by 85.7% during the 4th quarter. OLD Mission Capital LLC now owns 17,382 shares of the company’s stock worth $475,000 after purchasing an additional 8,023 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of Global X Brazil Active ETF by 10.9% during the 1st quarter. Jane Street Group LLC now owns 11,116 shares of the company’s stock valued at $241,000 after buying an additional 1,089 shares during the last quarter.

Global X Brazil Active ETF Stock Performance

NYSEARCA BRAZ remained flat at $29.24 during trading hours on Friday. The company had a trading volume of 190 shares, compared to its average volume of 2,980. The company’s 50-day moving average is $30.79 and its two-hundred day moving average is $31.03. The stock has a market cap of $9.94 million, a PE ratio of 10.11 and a beta of 0.41. Global X Brazil Active ETF has a 52-week low of $20.50 and a 52-week high of $35.79.

Global X Brazil Active ETF Company Profile

The Global X Brazil Active ETF (BRAZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Brazilian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. BRAZ was launched on Aug 16, 2023 and is issued by Global X.