Global X Brazil Active ETF (NYSEARCA:BRAZ – Get Free Report) was the recipient of a significant increase in short interest in 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 currently 1.6 days. Approximately 2.9% of the company’s stock are short sold.
Global X Brazil Active ETF Price Performance
BRAZ opened at $27.64 on Thursday. The firm has a market capitalization of $9.12 million, a PE ratio of 10.11 and a beta of 0.44. The business’s 50-day moving average is $32.50 and its two-hundred day moving average is $31.66. Global X Brazil Active ETF has a 1 year low of $26.19 and a 1 year 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.
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