VanEck Brazil Small-Cap ETF (NYSEARCA:BRF – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,915 shares, a growth 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 currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.
VanEck Brazil Small-Cap ETF Stock Performance
BRF traded up $0.10 during trading on Tuesday, hitting $15.92. The stock had a trading volume of 960 shares, compared to its average volume of 7,092. VanEck Brazil Small-Cap ETF has a twelve month low of $14.72 and a twelve month high of $20.44. The company’s 50-day moving average price is $16.03 and its 200 day moving average price is $17.09. The firm has a market capitalization of $21.49 million, a P/E ratio of 9.69 and a beta of 0.79.
Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF
A hedge fund recently raised its position in VanEck Brazil Small-Cap ETF stock. Gould Asset Management LLC CA grew its holdings in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF – Free Report) by 4.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,125 shares of the company’s stock after buying an additional 985 shares during the quarter. Gould Asset Management LLC CA owned about 1.64% of VanEck Brazil Small-Cap ETF worth $405,000 at the end of the most recent quarter.
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.
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