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

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VanEck Indonesia Index ETF stock. Jane Street Group LLC acquired a new stake in shares of VanEck Indonesia Index ETF (NYSEARCA:IDX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 80,236 shares of the company’s stock, valued at approximately $1,167,000. Jane Street Group LLC owned about 3.41% of VanEck Indonesia Index ETF as of its most recent filing with the Securities and Exchange Commission.

VanEck Indonesia Index ETF Trading Down 0.8%

NYSEARCA:IDX opened at $16.64 on Friday. The company has a 50-day moving average of $16.77 and a 200-day moving average of $15.94. The firm has a market cap of $37.44 million, a price-to-earnings ratio of 11.41 and a beta of 0.48. VanEck Indonesia Index ETF has a twelve month low of $10.93 and a twelve month 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.