VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Shares Shorted: Short Interest Up 77.6% in September

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,915 shares, a growth of 77.6% from the August 31st total of 1,641 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 9,195 shares, the days-to-cover ratio is currently 0.3 days.

VanEck Brazil Small-Cap ETF Stock Up 3.1%

BRF stock traded up $0.48 during trading on Wednesday, hitting $16.39. The company had a trading volume of 1,078 shares, compared to its average volume of 7,093. The firm has a market capitalization of $22.12 million, a P/E ratio of 9.69 and a beta of 0.79. VanEck Brazil Small-Cap ETF has a 52-week low of $14.72 and a 52-week high of $20.44. The company has a 50 day simple moving average of $16.03 and a 200-day simple moving average of $17.07.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

A hedge fund recently bought a new stake in VanEck Brazil Small-Cap ETF stock. Citadel Advisors LLC purchased a new stake in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 29,411 shares of the company’s stock, valued at approximately $483,000. Citadel Advisors LLC owned 2.18% of VanEck Brazil Small-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.