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

VanEck Indonesia Index ETF (NYSEARCA:IDX) saw a large increase in short interest in 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. Approximately 7.3% of the company’s shares are short sold. Based on an average daily volume of 42,445 shares, the days-to-cover ratio is currently 3.8 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Jane Street Group LLC lifted its stake in shares of VanEck Indonesia Index ETF by 691.5% in the 4th quarter. Jane Street Group LLC now owns 476,502 shares of the company’s stock valued at $7,867,000 after purchasing an additional 416,300 shares during the period. OLD Mission Capital LLC lifted its stake in shares of VanEck Indonesia Index ETF by 157.0% in the 4th quarter. OLD Mission Capital LLC now owns 338,821 shares of the company’s stock valued at $5,594,000 after purchasing an additional 207,001 shares during the period. Stifel Financial Corp raised its stake 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 buying an additional 2,429 shares during the period. Cetera Investment Advisers acquired a new stake in VanEck Indonesia Index ETF during the 4th quarter worth $853,000. Finally, Ascent Advisors LLC acquired a new stake in VanEck Indonesia Index ETF during the 1st quarter worth $658,000.

VanEck Indonesia Index ETF Price Performance

IDX stock opened at $12.14 on Monday. The business’s fifty day moving average is $13.64 and its 200-day moving average is $15.52. The company has a market cap of $26.71 million, a P/E ratio of 11.41 and a beta of 0.37. VanEck Indonesia Index ETF has a twelve month low of $12.14 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.