VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Short Interest Update
by Jessica Moore · The Cerbat GemVanEck Brazil Small-Cap ETF (NYSEARCA:BRF – Get Free Report) was the recipient of a significant increase in short interest in 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. Based on an average daily trading volume, of 4,030 shares, the days-to-cover ratio is presently 3.6 days. Approximately 1.1% of the shares of the stock are short sold. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,030 shares, the days-to-cover ratio is presently 3.6 days.
Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF
A number of large investors have recently made changes to their positions in BRF. Gould Asset Management LLC CA lifted its stake in shares of VanEck Brazil Small-Cap ETF by 6.0% in the second quarter. Gould Asset Management LLC CA now owns 19,815 shares of the company’s stock valued at $305,000 after purchasing an additional 1,125 shares during the period. Jane Street Group LLC increased its holdings in 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 in the last quarter. Citadel Advisors LLC purchased a new position in VanEck Brazil Small-Cap ETF in the third quarter valued at about $236,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter valued at approximately $258,000.
VanEck Brazil Small-Cap ETF Stock Performance
NYSEARCA:BRF traded up $0.36 during trading hours 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 business’s 50-day moving average is $16.64 and its two-hundred day moving average is $15.76. The company has a market capitalization of $21.83 million, a PE ratio of 9.69 and a beta of 1.01. VanEck Brazil Small-Cap ETF has a 52-week low of $10.82 and a 52-week high of $18.22.
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.