Global X Brazil Active ETF (NYSEARCA:BRAZ) Shares Shorted: Short Interest Up 165.2% in September

Global X Brazil Active ETF (NYSEARCA:BRAZ – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,350 shares, an increase of 165.2% from the September 15th total of 1,263 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 326 shares, the days-to-cover ratio is currently 10.3 days.

Global X Brazil Active ETF Stock Performance

BRAZ traded down $0.74 during trading on Tuesday, hitting $37.14. The stock had a trading volume of 845 shares, compared to its average volume of 2,158. Global X Brazil Active ETF has a twelve month low of $24.60 and a twelve month high of $38.03. The stock has a 50 day simple moving average of $32.03 and a two-hundred day simple moving average of $31.52. The company has a market capitalization of $12.26 million, a PE ratio of 10.11 and a beta of 0.37.

Global X Brazil Active ETF Company Profile

(Get Free Report)

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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