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– The VanEck Russia ETF tumbled 24% on Tuesday as the Russia-Ukraine crisis deepened, fanning investor anxiety.
The exchange-traded fund has declined about 60% in the past week as investors dump Russian assets and the West imposes sanctions on Russia.
Short interest in the ETF recently increased to about 26% of its float from about 23% on Friday, according to data from S3 Partners.
Share trading on the Moscow Exchange was suspended for a second day after sharp sell-offs hammered the market since mid-February.
(Reporting By Noel Randewich; Editing by Sam Holmes)
