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

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 146,241 shares, a growth of 663.5% from the October 15th total of 19,153 shares. Based on an average daily volume of 77,602 shares, the days-to-cover ratio is presently 1.9 days. Currently, 4.2% of the shares of the company are short sold.

VanEck Indonesia Index ETF Stock Up 1.9%

Shares of NYSEARCA:IDX opened at $9.16 on Friday. The firm’s 50 day moving average price is $10.27 and its 200-day moving average price is $12.05. VanEck Indonesia Index ETF has a twelve month low of $8.62 and a twelve month high of $17.55. The stock has a market capitalization of $31.60 million, a PE ratio of 11.41 and a beta of 0.33.

Institutional Trading of VanEck Indonesia Index ETF

An institutional investor recently bought a new stake in VanEck Indonesia Index ETF stock. Militia Capital Management LLC purchased a new position in VanEck Indonesia Index ETF (NYSEARCA:IDX) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 29,200 shares of the company’s stock, valued at approximately $402,000. Militia Capital Management LLC owned 1.33% of VanEck Indonesia Index ETF at the end of the most recent quarter.

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.