VanEck Indonesia Index ETF (NYSEARCA:IDX) Stock Short Interest Report for October

VanEck Indonesia Index ETF (NYSEARCA:IDX) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 146,241 shares, an increase of 663.5% from the October 15th total of 19,153 shares. Based on an average trading volume of 77,602 shares, the short-interest ratio is currently 1.9 days. Currently, 4.2% of the company’s stock are sold short.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

An institutional investor recently bought a new position in VanEck Indonesia Index ETF stock. Militia Capital Management LLC acquired a new position in VanEck Indonesia Index ETF (NYSEARCA:IDX) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 29,200 shares of the company’s stock, valued at approximately $402,000. Militia Capital Management LLC owned approximately 1.33% of VanEck Indonesia Index ETF as of its most recent SEC filing.

VanEck Indonesia Index ETF Price Performance

NYSEARCA IDX traded up $0.17 during trading on Thursday, reaching $9.16. 18,570 shares of the company’s stock traded hands, compared to its average volume of 70,695. VanEck Indonesia Index ETF has a 12-month low of $8.62 and a 12-month high of $17.55. The firm has a market cap of $31.60 million, a price-to-earnings ratio of 11.41 and a beta of 0.33. The company’s 50 day simple moving average is $10.27 and its two-hundred day simple moving average is $12.05.

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.