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

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 3,077 shares, a growth of 117.6% from the March 31st total of 1,414 shares. Based on an average daily trading volume, of 6,169 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

VanEck Brazil Small-Cap ETF Trading Down 0.9%

BRF traded down $0.17 on Friday, reaching $19.11. The stock had a trading volume of 20,361 shares, compared to its average volume of 8,494. VanEck Brazil Small-Cap ETF has a 12-month low of $13.33 and a 12-month high of $20.44. The business’s 50-day moving average price is $18.61 and its two-hundred day moving average price is $17.50. The company has a market cap of $25.80 million, a P/E ratio of 9.69 and a beta of 0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gould Asset Management LLC CA increased its holdings in VanEck Brazil Small-Cap ETF by 6.7% in the third quarter. Gould Asset Management LLC CA now owns 21,140 shares of the company’s stock valued at $344,000 after buying an additional 1,325 shares in the last quarter. LPL Financial LLC increased its holdings in VanEck Brazil Small-Cap ETF by 5.1% in the fourth quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after buying an additional 2,200 shares in the last quarter. Jane Street Group LLC increased its holdings in VanEck Brazil Small-Cap ETF by 44.9% in the second quarter. Jane Street Group LLC now owns 15,729 shares of the company’s stock valued at $242,000 after buying an additional 4,873 shares in the last quarter. OLD Mission Capital LLC increased its holdings in VanEck Brazil Small-Cap ETF by 21.5% in the fourth quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock valued at $1,211,000 after buying an additional 13,388 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in VanEck Brazil Small-Cap ETF in the third quarter valued at $236,000.

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.