VanEck Indonesia Index ETF (NYSEARCA:IDX – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 19,153 shares, a growth of 89.0% from the September 30th total of 10,132 shares. Based on an average daily volume of 30,923 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the shares of the stock are short sold.
VanEck Indonesia Index ETF Stock Performance
NYSEARCA IDX opened at $8.91 on Tuesday. VanEck Indonesia Index ETF has a 52 week low of $8.73 and a 52 week high of $17.55. The stock has a fifty day moving average of $10.70 and a 200-day moving average of $12.38. The stock has a market capitalization of $30.74 million, a P/E ratio of 11.41 and a beta of 0.34.
Institutional Investors Weigh In On VanEck Indonesia Index ETF
Several institutional investors have recently added to or reduced their stakes in IDX. Militia Capital Management LLC acquired a new position in VanEck Indonesia Index ETF during the first quarter worth $402,000. Royal Bank of Canada grew its position in shares of VanEck Indonesia Index ETF by 96.1% during the 1st quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock worth $55,000 after purchasing an additional 1,942 shares in the last quarter. Finally, Ascent Advisors LLC acquired a new stake in shares of VanEck Indonesia Index ETF during the 1st quarter worth $658,000.
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.
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