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

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

VanEck Brazil Small-Cap ETF Stock Up 0.6%

Shares of NYSEARCA:BRF traded up $0.11 during trading on Wednesday, reaching $18.40. 2,216 shares of the company traded hands, compared to its average volume of 8,772. The firm has a fifty day simple moving average of $18.11 and a 200 day simple moving average of $16.93. The firm has a market cap of $24.84 million, a P/E ratio of 9.69 and a beta of 1.01. VanEck Brazil Small-Cap ETF has a 1-year low of $11.50 and a 1-year high of $19.72.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BRF. OLD Mission Capital LLC grew its stake in shares of VanEck Brazil Small-Cap ETF by 21.5% in the 4th quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock valued at $1,211,000 after buying an additional 13,388 shares during the period. Jane Street Group LLC acquired a new position in shares of VanEck Brazil Small-Cap ETF in the fourth quarter worth about $170,000. LPL Financial LLC lifted its position 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 worth $724,000 after buying an additional 2,200 shares in the last quarter. Susquehanna International Group LLP bought a new stake in VanEck Brazil Small-Cap ETF in the third quarter valued at about $258,000. Finally, Citadel Advisors LLC bought a new position in VanEck Brazil Small-Cap ETF in the third quarter valued at about $236,000.

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.