VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Up 1,335.8% in December

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 136,112 shares, an increase of 1,335.8% from the November 30th total of 9,480 shares. Approximately 6.0% of the company’s stock are sold short. Based on an average daily volume of 140,600 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 140,600 shares, the short-interest ratio is currently 1.0 days. Approximately 6.0% of the company’s stock are sold short.

VanEck Indonesia Index ETF Trading Down 0.8%

NYSEARCA IDX traded down $0.13 on Wednesday, reaching $16.64. The stock had a trading volume of 139,486 shares, compared to its average volume of 33,634. VanEck Indonesia Index ETF has a 1 year low of $10.93 and a 1 year high of $17.55. The business has a 50 day moving average price of $16.76 and a 200 day moving average price of $15.94. The company has a market capitalization of $37.44 million, a price-to-earnings ratio of 11.41 and a beta of 0.48.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

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

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.