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

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the target of a significant increase in short interest in 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. Currently, 6.0% of the shares of the stock are sold short. Based on an average trading volume of 140,600 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 140,600 shares, the days-to-cover ratio is currently 1.0 days. Currently, 6.0% of the shares of the stock are sold short.

VanEck Indonesia Index ETF Trading Down 0.8%

NYSEARCA:IDX traded down $0.13 during mid-day trading on Wednesday, hitting $16.64. The company’s stock had a trading volume of 139,486 shares, compared to its average volume of 33,634. The company has a market capitalization of $37.44 million, a price-to-earnings ratio of 11.41 and a beta of 0.48. VanEck Indonesia Index ETF has a fifty-two week low of $10.93 and a fifty-two week high of $17.55. The stock has a fifty day moving average of $16.76 and a 200-day moving average of $15.94.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

An institutional investor recently bought a new position in VanEck Indonesia Index ETF stock. Jane Street Group LLC purchased a new stake in VanEck Indonesia Index ETF (NYSEARCA:IDX) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 80,236 shares of the company’s stock, valued at approximately $1,167,000. Jane Street Group LLC owned 3.41% of VanEck Indonesia Index ETF at the end of the most recent reporting period.

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.