VanEck Indonesia Index ETF (NYSEARCA:IDX – Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 104,904 shares, a growth of 40.5% from the March 15th total of 74,646 shares. Based on an average daily volume of 46,128 shares, the short-interest ratio is currently 2.3 days. Approximately 4.8% of the company’s stock are sold short.
VanEck Indonesia Index ETF Trading Down 1.0%
VanEck Indonesia Index ETF stock traded down $0.14 during mid-day trading on Thursday, hitting $14.31. The company had a trading volume of 9,023 shares, compared to its average volume of 98,127. The stock’s 50 day moving average price is $14.61 and its two-hundred day moving average price is $15.92. The company has a market capitalization of $31.48 million, a PE ratio of 11.41 and a beta of 0.43. VanEck Indonesia Index ETF has a 12 month low of $12.42 and a 12 month high of $17.55.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in IDX. Mutual Advisors LLC bought a new position in shares of VanEck Indonesia Index ETF during the fourth quarter worth $451,000. Susquehanna International Group LLP bought a new stake in VanEck Indonesia Index ETF during the third quarter worth approximately $229,000. HRT Financial LP purchased a new position in VanEck Indonesia Index ETF during the 4th quarter valued at $389,000. LPL Financial LLC bought a new position in VanEck Indonesia Index ETF in the 4th quarter valued at $594,000. Finally, Jane Street Group LLC purchased a new stake in VanEck Indonesia Index ETF in the second quarter worth about $1,167,000.
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.
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