VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Down 81.0% in December

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 25,843 shares, a drop of 81.0% from the December 15th total of 136,112 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 260,588 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 260,588 shares, the short-interest ratio is presently 0.1 days. Currently, 0.8% of the shares of the stock are sold short.

VanEck Indonesia Index ETF Stock Performance

IDX traded up $0.10 during mid-day trading on Thursday, reaching $17.13. The stock had a trading volume of 15,231 shares, compared to its average volume of 41,893. The firm’s fifty day simple moving average is $16.89 and its two-hundred day simple moving average is $16.16. The stock has a market capitalization of $54.82 million, a P/E ratio of 11.41 and a beta of 0.48. VanEck Indonesia Index ETF has a 52 week low of $10.93 and a 52 week high of $17.55.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

A hedge fund recently bought a new stake in VanEck Indonesia Index ETF stock. Susquehanna International Group LLP purchased a new stake in VanEck Indonesia Index ETF (NYSEARCA:IDX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 14,212 shares of the company’s stock, valued at approximately $229,000. Susquehanna International Group LLP owned approximately 0.63% 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.