VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Short Interest Update

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 1,390 shares, an increase of 157.9% from the July 15th total of 539 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 3,209 shares, the days-to-cover ratio is presently 0.4 days.

VanEck Brazil Small-Cap ETF Trading Down 1.1%

VanEck Brazil Small-Cap ETF stock traded down $0.16 during mid-day trading on Friday, reaching $14.91. The company had a trading volume of 11,685 shares, compared to its average volume of 7,504. VanEck Brazil Small-Cap ETF has a fifty-two week low of $14.54 and a fifty-two week high of $20.44. The company has a market cap of $20.13 million, a P/E ratio of 9.69 and a beta of 0.79. The business has a fifty day simple moving average of $16.25 and a 200 day simple moving average of $17.69.

Institutional Investors Weigh In On VanEck Brazil Small-Cap ETF

Hedge funds have recently modified their holdings of the company. Gould Asset Management LLC CA raised its position in VanEck Brazil Small-Cap ETF by 4.7% in the first quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock valued at $405,000 after purchasing an additional 985 shares during the last quarter. LPL Financial LLC increased its stake in shares of VanEck Brazil Small-Cap ETF by 5.1% in the fourth quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after buying an additional 2,200 shares during the period. Jane Street Group LLC increased its stake in shares of VanEck Brazil Small-Cap ETF by 44.9% in the second quarter. Jane Street Group LLC now owns 15,729 shares of the company’s stock valued at $242,000 after buying an additional 4,873 shares during the period. OLD Mission Capital LLC raised its holdings in VanEck Brazil Small-Cap ETF by 21.5% in the 4th quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock valued at $1,211,000 after buying an additional 13,388 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in VanEck Brazil Small-Cap ETF in the 3rd quarter valued at approximately $236,000.

About VanEck Brazil Small-Cap ETF

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.