Global X Brazil Active ETF (NYSEARCA:BRAZ – Get Free Report) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 9,517 shares, an increase of 324.7% from the October 15th total of 2,241 shares. Based on an average daily volume of 5,936 shares, the short-interest ratio is presently 1.6 days. Currently, 2.9% of the shares of the stock are sold short.
Global X Brazil Active ETF Price Performance
Global X Brazil Active ETF stock opened at $27.64 on Thursday. The stock has a market capitalization of $9.12 million, a PE ratio of 10.11 and a beta of 0.44. The business has a 50 day simple moving average of $32.50 and a 200-day simple moving average of $31.66. Global X Brazil Active ETF has a 12 month low of $26.19 and a 12 month high of $38.03.
Global X Brazil Active ETF Company Profile
The Global X Brazil Active ETF (BRAZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term growth of capital by investing in a concentrated portfolio of Brazilian equities. The fund uses bottom-up, fundamental analysis to actively select and manage its holdings. BRAZ was launched on Aug 16, 2023 and is issued by Global X.
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