VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Update
by Amy Steele · The Cerbat GemVanEck Indonesia Index ETF (NYSEARCA:IDX – Get Free Report) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 87,682 shares, a decrease of 33.9% from the February 12th total of 132,697 shares. Based on an average daily trading volume, of 32,196 shares, the short-interest ratio is currently 2.7 days. Approximately 2.8% of the company’s shares are sold short. Approximately 2.8% of the company’s shares are sold short. Based on an average daily trading volume, of 32,196 shares, the short-interest ratio is currently 2.7 days.
Institutional Investors Weigh In On VanEck Indonesia Index ETF
Hedge funds have recently modified their holdings of the business. Copia Wealth Management bought a new position in shares of VanEck Indonesia Index ETF during the 4th quarter valued at about $72,000. Susquehanna International Group LLP acquired a new stake in VanEck Indonesia Index ETF during the 3rd quarter worth approximately $229,000. HRT Financial LP acquired a new stake in VanEck Indonesia Index ETF during the 4th quarter worth approximately $389,000. Mutual Advisors LLC bought a new position in VanEck Indonesia Index ETF in the fourth quarter valued at approximately $451,000. Finally, LPL Financial LLC acquired a new position in shares of VanEck Indonesia Index ETF in the fourth quarter valued at approximately $594,000.
VanEck Indonesia Index ETF Stock Down 2.1%
VanEck Indonesia Index ETF stock traded down $0.30 during mid-day trading on Friday, hitting $13.70. 54,083 shares of the company’s stock were exchanged, compared to its average volume of 127,328. The company’s 50 day simple moving average is $15.97 and its 200-day simple moving average is $16.29. The firm has a market capitalization of $42.47 million, a P/E 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.
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.