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

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 10,994 shares, a drop of 24.2% from the December 15th total of 14,498 shares. Based on an average trading volume of 7,950 shares, the short-interest ratio is currently 1.4 days. Approximately 0.8% of the shares of the company are short sold. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 7,950 shares, the short-interest ratio is currently 1.4 days.

VanEck Brazil Small-Cap ETF Stock Down 1.8%

Shares of NYSEARCA:BRF traded down $0.30 during midday trading on Monday, reaching $16.58. 3,675 shares of the company traded hands, compared to its average volume of 4,207. The firm’s fifty day moving average price is $16.75 and its two-hundred day moving average price is $15.90. The firm has a market capitalization of $22.38 million, a price-to-earnings ratio of 9.69 and a beta of 1.01. VanEck Brazil Small-Cap ETF has a 12 month low of $11.41 and a 12 month high of $18.22.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

Several hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC purchased a new stake in VanEck Brazil Small-Cap ETF in the 3rd quarter worth approximately $236,000. Jane Street Group LLC raised its position 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 worth $242,000 after buying an additional 4,873 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in shares of VanEck Brazil Small-Cap ETF in the third quarter worth $258,000. Finally, Gould Asset Management LLC CA boosted its stake in VanEck Brazil Small-Cap ETF by 6.0% during the second 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.

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.