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 in March. As of March 31st, there was short interest totaling 104,904 shares, an increase of 40.5% from the March 15th total of 74,646 shares. Approximately 4.8% of the shares of the company are short sold. Based on an average trading volume of 46,128 shares, the short-interest ratio is presently 2.3 days.

VanEck Indonesia Index ETF Price Performance

IDX stock opened at $14.71 on Wednesday. The firm has a fifty day moving average price of $14.66 and a two-hundred day moving average price of $15.94. VanEck Indonesia Index ETF has a 1-year low of $12.25 and a 1-year high of $17.55. The firm has a market cap of $32.36 million, a price-to-earnings ratio of 11.41 and a beta of 0.43.

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

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.