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

by · The Markets Daily

VanEck Indonesia Index ETF (NYSEARCA:IDX – Get Free Report) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 149,869 shares, a decline of 59.0% from the May 14th total of 365,829 shares. Based on an average daily volume of 218,807 shares, the short-interest ratio is currently 0.7 days. Currently, 6.8% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Foundations Investment Advisors LLC bought a new position in VanEck Indonesia Index ETF in the 4th quarter worth $848,000. Copia Wealth Management bought a new position in VanEck Indonesia Index ETF in the 4th quarter worth $72,000. Mutual Advisors LLC bought a new position in VanEck Indonesia Index ETF in the 4th quarter worth $451,000. OLD Mission Capital LLC boosted 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 during the period. Finally, Cetera Investment Advisers bought a new position in VanEck Indonesia Index ETF in the 4th quarter worth $853,000.

VanEck Indonesia Index ETF Stock Performance

Shares of IDX stock traded up $0.29 during mid-day trading on Friday, reaching $10.82. 85,894 shares of the company’s stock traded hands, compared to its average volume of 97,661. VanEck Indonesia Index ETF has a 12 month low of $9.51 and a 12 month high of $17.55. The firm has a 50 day moving average price of $12.44 and a two-hundred day moving average price of $14.71. The firm has a market capitalization of $23.80 million, a PE ratio of 11.41 and a beta of 0.31.

About VanEck Indonesia Index ETF

(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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