VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Shares Shorted: Short Interest Up 71.1% in October

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 6,484 shares, a growth of 71.1% from the September 30th total of 3,789 shares. Based on an average daily trading volume, of 13,939 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Trading of VanEck Brazil Small-Cap ETF

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

VanEck Brazil Small-Cap ETF Stock Performance

Shares of VanEck Brazil Small-Cap ETF stock opened at $12.95 on Tuesday. The firm has a 50-day moving average of $17.06 and a 200-day moving average of $17.46. VanEck Brazil Small-Cap ETF has a 52-week low of $12.92 and a 52-week high of $21.17. The stock has a market cap of $17.48 million, a PE ratio of 9.69 and a beta of 0.75.

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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