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

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 132,697 shares, an increase of 776.6% from the January 29th total of 15,138 shares. Based on an average daily volume of 95,328 shares, the short-interest ratio is presently 1.4 days. Currently, 4.3% of the shares of the company are short sold. Currently, 4.3% of the shares of the company are short sold. Based on an average daily volume of 95,328 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of IDX. Jane Street Group LLC lifted its holdings in VanEck Indonesia Index ETF by 691.5% in the fourth quarter. Jane Street Group LLC now owns 476,502 shares of the company’s stock valued at $7,867,000 after buying an additional 416,300 shares during the period. OLD Mission Capital LLC lifted its stake in shares of VanEck Indonesia Index ETF by 157.0% in the fourth quarter. OLD Mission Capital LLC now owns 338,821 shares of the company’s stock valued at $5,594,000 after buying an additional 207,001 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of VanEck Indonesia Index ETF by 2.4% during the fourth quarter. Stifel Financial Corp now owns 105,686 shares of the company’s stock valued at $1,745,000 after buying an additional 2,429 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of VanEck Indonesia Index ETF in the 4th quarter worth about $853,000. Finally, Foundations Investment Advisors LLC bought a new position in VanEck Indonesia Index ETF in the 4th quarter valued at about $848,000.

VanEck Indonesia Index ETF Stock Down 1.8%

Shares of NYSEARCA:IDX traded down $0.29 during trading on Thursday, reaching $15.87. 22,860 shares of the company traded hands, compared to its average volume of 148,225. The firm has a market capitalization of $49.19 million, a PE ratio of 11.41 and a beta of 0.48. VanEck Indonesia Index ETF has a 52 week low of $10.93 and a 52 week high of $17.55. The company’s 50 day moving average is $16.44 and its two-hundred day moving average is $16.41.

VanEck Indonesia Index ETF Company Profile

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.