VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Stock Short Interest Climbs 77.6%

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,915 shares, an increase of 77.6% from the August 31st total of 1,641 shares. Based on an average daily volume of 9,195 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

VanEck Brazil Small-Cap ETF Stock Up 0.6%

Shares of BRF stock traded up $0.10 during mid-day trading on Tuesday, hitting $15.92. 960 shares of the company’s stock were exchanged, compared to its average volume of 7,092. The stock has a market cap of $21.49 million, a price-to-earnings ratio of 9.69 and a beta of 0.79. VanEck Brazil Small-Cap ETF has a fifty-two week low of $14.72 and a fifty-two week high of $20.44. The stock has a 50-day simple moving average of $16.03 and a two-hundred day simple moving average of $17.09.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VanEck Brazil Small-Cap ETF stock. Citadel Advisors LLC bought a new position in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,411 shares of the company’s stock, valued at approximately $483,000. Citadel Advisors LLC owned about 2.18% of VanEck Brazil Small-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

VanEck Brazil Small-Cap ETF Company Profile

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.