VanEck Indonesia Index ETF (NYSEARCA:IDX) Sees Large Decline in Short Interest

by · The Cerbat Gem

VanEck Indonesia Index ETF (NYSEARCA:IDX – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 25,843 shares, a decline of 81.0% from the December 15th total of 136,112 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 260,588 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 260,588 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

A hedge fund recently bought a new stake in VanEck Indonesia Index ETF stock. Susquehanna International Group LLP purchased a new stake in VanEck Indonesia Index ETF (NYSEARCA:IDX – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 14,212 shares of the company’s stock, valued at approximately $229,000. Susquehanna International Group LLP owned about 0.63% of VanEck Indonesia Index ETF as of its most recent filing with the Securities & Exchange Commission.

VanEck Indonesia Index ETF Trading Up 0.5%

NYSEARCA:IDX traded up $0.09 during trading hours on Tuesday, hitting $16.86. 60,161 shares of the stock traded hands, compared to its average volume of 48,236. The firm has a market cap of $53.95 million, a price-to-earnings ratio of 11.41 and a beta of 0.48. VanEck Indonesia Index ETF has a fifty-two week low of $10.93 and a fifty-two week high of $17.55. The firm has a 50 day moving average price of $16.87 and a 200 day moving average price of $16.13.

VanEck Indonesia Index ETF Company Profile

(Get Free Report)

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.

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