Global X Brazil Active ETF (NYSEARCA:BRAZ) Stock Short Interest Climbs 165.2%

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

Global X Brazil Active ETF Stock Up 0.2%

Shares of NYSEARCA BRAZ traded up $0.07 during trading hours on Monday, reaching $37.91. 494 shares of the stock traded hands, compared to its average volume of 2,164. The company’s 50-day simple moving average is $31.89 and its two-hundred day simple moving average is $31.47. The company has a market capitalization of $12.51 million, a P/E ratio of 10.11 and a beta of 0.37. Global X Brazil Active ETF has a 52-week low of $24.60 and a 52-week high of $38.03.

About Global X Brazil Active ETF

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.