VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Short Interest Down 24.2% in December

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 10,994 shares, a decline of 24.2% from the December 15th total of 14,498 shares. Based on an average trading volume of 7,950 shares, the short-interest ratio is currently 1.4 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 7,950 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BRF. Susquehanna International Group LLP purchased a new position in VanEck Brazil Small-Cap ETF during the third quarter valued at approximately $258,000. Citadel Advisors LLC purchased a new stake in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter worth $236,000. Gould Asset Management LLC CA boosted its position in VanEck Brazil Small-Cap ETF by 6.7% during the third quarter. Gould Asset Management LLC CA now owns 21,140 shares of the company’s stock valued at $344,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Jane Street Group LLC grew its stake 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 purchasing an additional 4,873 shares during the last quarter.

VanEck Brazil Small-Cap ETF Stock Down 1.8%

NYSEARCA:BRF traded down $0.30 during midday trading on Friday, hitting $16.58. The stock had a trading volume of 3,675 shares, compared to its average volume of 4,207. The stock has a 50-day moving average of $16.75 and a 200 day moving average of $15.89. The company has a market capitalization of $22.38 million, a price-to-earnings ratio of 9.69 and a beta of 1.01. VanEck Brazil Small-Cap ETF has a one year low of $11.41 and a one year high of $18.22.

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.