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

by · The Cerbat Gem

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF – Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 5,384 shares, a decline of 51.0% from the December 31st total of 10,994 shares. Based on an average daily volume of 4,303 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 4,303 shares, the days-to-cover ratio is currently 1.3 days.

VanEck Brazil Small-Cap ETF Stock Performance

BRF stock traded down $0.48 on Friday, hitting $18.50. 11,383 shares of the company’s stock were exchanged, compared to its average volume of 7,124. The stock has a market cap of $24.98 million, a P/E ratio of 9.69 and a beta of 1.01. The firm has a 50 day moving average price of $16.99 and a two-hundred day moving average price of $16.10. VanEck Brazil Small-Cap ETF has a 12-month low of $11.50 and a 12-month high of $19.49.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in shares of VanEck Brazil Small-Cap ETF in the 3rd quarter valued at about $236,000. Jane Street Group LLC lifted its stake in 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 worth $242,000 after purchasing an additional 4,873 shares in the last quarter. Susquehanna International Group LLP purchased a new position in VanEck Brazil Small-Cap ETF during the third quarter worth approximately $258,000. Finally, Gould Asset Management LLC CA raised its holdings 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 worth $305,000 after acquiring an additional 1,125 shares during the period.

VanEck Brazil Small-Cap ETF Company Profile

(Get Free Report)

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.

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