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

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 6,814 shares, a drop of 69.2% from the February 12th total of 22,159 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 14,477 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 14,477 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s shares are short sold.

VanEck Brazil Small-Cap ETF Stock Performance

NYSEARCA:BRF traded up $0.11 during mid-day trading on Wednesday, hitting $18.40. The company had a trading volume of 2,216 shares, compared to its average volume of 8,772. The business’s fifty day moving average is $18.11 and its two-hundred day moving average is $16.93. VanEck Brazil Small-Cap ETF has a fifty-two week low of $11.50 and a fifty-two week high of $19.72. The firm has a market cap of $24.84 million, a P/E ratio of 9.69 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BRF. Jane Street Group LLC raised its position 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 worth $242,000 after acquiring an additional 4,873 shares during the period. Gould Asset Management LLC CA increased its position 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 worth $344,000 after buying an additional 1,325 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter worth $236,000. Susquehanna International Group LLP purchased a new stake in VanEck Brazil Small-Cap ETF in the 3rd quarter worth about $258,000. Finally, LPL Financial LLC raised its stake in VanEck Brazil Small-Cap ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after acquiring an additional 2,200 shares during the period.

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.