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

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,414 shares, a decrease of 46.8% from the March 15th total of 2,659 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,067 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of BRF. OLD Mission Capital LLC lifted its stake in shares of VanEck Brazil Small-Cap ETF by 21.5% during the 4th quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock worth $1,211,000 after buying an additional 13,388 shares during the last quarter. Jane Street Group LLC acquired a new position in VanEck Brazil Small-Cap ETF in the 4th quarter valued at about $170,000. LPL Financial LLC boosted its holdings in shares of VanEck Brazil Small-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock worth $724,000 after acquiring an additional 2,200 shares during the period. Susquehanna International Group LLP bought a new stake in shares of VanEck Brazil Small-Cap ETF during the third quarter worth approximately $258,000. Finally, Citadel Advisors LLC acquired a new position in shares of VanEck Brazil Small-Cap ETF in the third quarter valued at approximately $236,000.

VanEck Brazil Small-Cap ETF Stock Down 1.0%

Shares of NYSEARCA BRF traded down $0.21 during midday trading on Wednesday, hitting $19.81. 5,143 shares of the company’s stock were exchanged, compared to its average volume of 8,059. The firm has a market capitalization of $26.74 million, a PE ratio of 9.69 and a beta of 0.85. VanEck Brazil Small-Cap ETF has a 12 month low of $12.50 and a 12 month high of $20.21. The company’s 50 day moving average price is $18.47 and its 200 day moving average price is $17.31.

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.