VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Short Interest Down 70.4% in May

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,858 shares, a decline of 70.4% from the May 14th total of 9,670 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 4,289 shares, the days-to-cover ratio is currently 0.7 days.

VanEck Brazil Small-Cap ETF Price Performance

Shares of VanEck Brazil Small-Cap ETF stock traded up $0.15 on Friday, reaching $17.28. The company had a trading volume of 5,564 shares, compared to its average volume of 8,274. The firm has a market cap of $23.33 million, a price-to-earnings ratio of 9.69 and a beta of 0.77. The firm’s 50-day moving average price is $18.34 and its two-hundred day moving average price is $17.88. VanEck Brazil Small-Cap ETF has a 1 year low of $14.03 and a 1 year high of $20.44.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

A number of large investors have recently bought and sold shares of BRF. Jane Street Group LLC purchased a new position in VanEck Brazil Small-Cap ETF during the 4th quarter valued at $170,000. Citadel Advisors LLC purchased a new position in VanEck Brazil Small-Cap ETF during the 3rd quarter valued at $236,000. Susquehanna International Group LLP purchased a new position in VanEck Brazil Small-Cap ETF during the 3rd quarter valued at $258,000. Gould Asset Management LLC CA boosted its holdings in 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 valued at $405,000 after acquiring an additional 985 shares during the period. Finally, LPL Financial LLC boosted its holdings in 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 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.