VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Up 77.2% in April

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 160,551 shares, an increase of 77.2% from the April 15th total of 90,584 shares. Currently, 7.3% of the shares of the stock are sold short. Based on an average trading volume of 42,445 shares, the short-interest ratio is currently 3.8 days.

VanEck Indonesia Index ETF Price Performance

NYSEARCA IDX opened at $12.14 on Monday. The firm has a market cap of $26.71 million, a PE ratio of 11.41 and a beta of 0.37. VanEck Indonesia Index ETF has a one year low of $12.14 and a one year high of $17.55. The stock’s 50 day simple moving average is $13.64 and its 200 day simple moving average is $15.52.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

A number of large investors have recently bought and sold shares of the business. Stifel Financial Corp grew its position in VanEck Indonesia Index ETF by 2.4% during the 4th quarter. Stifel Financial Corp now owns 105,686 shares of the company’s stock worth $1,745,000 after acquiring an additional 2,429 shares during the last quarter. Copia Wealth Management acquired a new position in VanEck Indonesia Index ETF during the 4th quarter worth $72,000. Susquehanna International Group LLP acquired a new position in VanEck Indonesia Index ETF during the 3rd quarter worth $229,000. HRT Financial LP acquired a new position in VanEck Indonesia Index ETF during the 4th quarter worth $389,000. Finally, Mutual Advisors LLC acquired a new position in VanEck Indonesia Index ETF during the 4th quarter worth $451,000.

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.