VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Sees Significant Increase in Short Interest

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF – Get Free Report) was the recipient of a large 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. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 13,939 shares, the short-interest ratio is presently 0.5 days.

VanEck Brazil Small-Cap ETF Stock Performance

NYSEARCA BRF opened at $12.76 on Wednesday. VanEck Brazil Small-Cap ETF has a 52 week low of $12.65 and a 52 week high of $21.17. The stock’s 50 day moving average price is $17.00 and its two-hundred day moving average price is $17.44. The stock has a market capitalization of $17.23 million, a price-to-earnings ratio of 9.69 and a beta of 0.88.

Institutional Trading of VanEck Brazil Small-Cap ETF

An institutional investor recently bought a new stake in VanEck Brazil Small-Cap ETF stock. Citadel Advisors LLC bought 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 disclosure 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 approximately 2.18% of VanEck Brazil Small-Cap ETF at the end of the most recent quarter.

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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