VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Down 38.5% in January

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 15,138 shares, a decline of 38.5% from the January 15th total of 24,634 shares. Based on an average trading volume of 403,514 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 403,514 shares, the days-to-cover ratio is presently 0.0 days.

VanEck Indonesia Index ETF Stock Performance

Shares of VanEck Indonesia Index ETF stock traded down $0.01 during trading hours on Friday, hitting $16.00. The company’s stock had a trading volume of 73,393 shares, compared to its average volume of 180,210. The company has a market cap of $49.60 million, a PE ratio of 11.41 and a beta of 0.48. The business has a 50 day moving average price of $16.62 and a two-hundred day moving average price of $16.37. VanEck Indonesia Index ETF has a 12-month low of $10.93 and a 12-month high of $17.55.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

A number of institutional investors have recently bought and sold shares of IDX. Copia Wealth Management purchased a new stake in VanEck Indonesia Index ETF during the 4th quarter valued at about $72,000. Susquehanna International Group LLP purchased a new position in shares of VanEck Indonesia Index ETF during the 3rd quarter worth $229,000. HRT Financial LP purchased a new stake in shares of VanEck Indonesia Index ETF in the fourth quarter valued at about $389,000. Mutual Advisors LLC purchased a new position in VanEck Indonesia Index ETF during the fourth quarter worth about $451,000. Finally, LPL Financial LLC purchased a new stake in shares of VanEck Indonesia Index ETF in the 4th quarter valued at approximately $594,000.

About VanEck Indonesia Index ETF

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.