Short Interest in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Expands By 329.6%

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 9,670 shares, a growth of 329.6% from the April 30th total of 2,251 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 10,780 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BRF. Jane Street Group LLC acquired a new position in shares of VanEck Brazil Small-Cap ETF during the 4th quarter worth about $170,000. Citadel Advisors LLC acquired a new position in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter worth about $236,000. Susquehanna International Group LLP acquired a new position in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter worth about $258,000. Gould Asset Management LLC CA increased its stake in shares of VanEck Brazil Small-Cap ETF by 4.7% during the 1st quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock worth $405,000 after purchasing an additional 985 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of VanEck Brazil Small-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock worth $724,000 after purchasing an additional 2,200 shares during the last quarter.

VanEck Brazil Small-Cap ETF Price Performance

VanEck Brazil Small-Cap ETF stock opened at $17.63 on Friday. The firm has a market capitalization of $23.80 million, a PE ratio of 9.69 and a beta of 0.80. The company’s 50-day moving average is $18.47 and its 200-day moving average is $17.87. VanEck Brazil Small-Cap ETF has a fifty-two week low of $14.03 and a fifty-two week high of $20.44.

VanEck Brazil Small-Cap ETF Company Profile

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.