VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Update

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 365,829 shares, an increase of 127.9% from the April 30th total of 160,551 shares. Currently, 16.6% of the company’s stock are short sold. Based on an average trading volume of 41,329 shares, the short-interest ratio is currently 8.9 days.

Institutional Trading of VanEck Indonesia Index ETF

Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in VanEck Indonesia Index ETF by 96.1% during the 1st quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock valued at $55,000 after purchasing an additional 1,942 shares during the period. Militia Capital Management LLC bought a new stake in VanEck Indonesia Index ETF during the 1st quarter valued at approximately $402,000. Ascent Advisors LLC bought a new stake in VanEck Indonesia Index ETF during the 1st quarter valued at approximately $658,000. OLD Mission Capital LLC boosted its stake in VanEck Indonesia Index ETF by 157.0% during the 4th quarter. OLD Mission Capital LLC now owns 338,821 shares of the company’s stock valued at $5,594,000 after purchasing an additional 207,001 shares during the period. Finally, Cetera Investment Advisers bought a new stake in VanEck Indonesia Index ETF during the 4th quarter valued at approximately $853,000.

VanEck Indonesia Index ETF Stock Performance

Shares of NYSEARCA IDX traded up $0.04 during mid-day trading on Friday, reaching $10.86. 50,944 shares of the company traded hands, compared to its average volume of 97,504. The stock has a market cap of $23.89 million, a PE ratio of 11.41 and a beta of 0.37. The company’s fifty day moving average is $13.05 and its two-hundred day moving average is $15.16. VanEck Indonesia Index ETF has a fifty-two week low of $10.67 and a fifty-two week high of $17.55.

About VanEck Indonesia Index ETF

The Market Vectors Indonesia Index ETF (IDX) seeks, before fees and expenses, the price and yield performance of the Market Vectors Indonesia Index (the Index). The Index provides exposure to publicly traded companies that are domiciled and primarily listed in Indonesia, or that generate at least 50% of their revenues in Indonesia. The Index is the property of Market Vectors Index Solutions GmbH, which has contracted with Structured Solutions AG to maintain and calculate the Index.