Global X Brazil Active ETF (NYSEARCA:BRAZ) Stock Short Interest Climbs 165.2%

Global X Brazil Active ETF (NYSEARCA:BRAZ) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 3,350 shares, an increase of 165.2% from the September 15th total of 1,263 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 326 shares, the short-interest ratio is currently 10.3 days.

Global X Brazil Active ETF Trading Up 0.2%

Shares of Global X Brazil Active ETF stock traded up $0.07 during trading on Monday, hitting $37.91. The stock had a trading volume of 494 shares, compared to its average volume of 2,164. The firm has a market cap of $12.51 million, a price-to-earnings ratio of 10.11 and a beta of 0.37. The business’s 50-day moving average is $31.89 and its 200 day moving average is $31.47. Global X Brazil Active ETF has a 12 month low of $24.60 and a 12 month high of $38.03.

About Global X Brazil Active ETF

The Global X Brazil Active ETF (BRAZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Brazilian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. BRAZ was launched on Aug 16, 2023 and is issued by Global X.