VanEck Indonesia Index ETF (NYSEARCA:IDX) Short Interest Update

VanEck Indonesia Index ETF (NYSEARCA:IDX) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 30,768 shares, a decline of 85.0% from the July 15th total of 204,758 shares. Based on an average daily trading volume, of 87,928 shares, the short-interest ratio is presently 0.3 days. Currently, 0.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IDX. Royal Bank of Canada increased its position in shares of VanEck Indonesia Index ETF by 96.1% in the first quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock worth $55,000 after purchasing an additional 1,942 shares during the last quarter. Copia Wealth Management bought a new stake in VanEck Indonesia Index ETF during the fourth quarter valued at approximately $72,000. Susquehanna International Group LLP purchased a new position in VanEck Indonesia Index ETF in the 3rd quarter worth approximately $229,000. HRT Financial LP purchased a new position in VanEck Indonesia Index ETF in the 4th quarter worth approximately $389,000. Finally, Mutual Advisors LLC bought a new position in shares of VanEck Indonesia Index ETF in the 4th quarter worth $451,000.

VanEck Indonesia Index ETF Trading Up 2.1%

Shares of NYSEARCA IDX traded up $0.23 during mid-day trading on Wednesday, hitting $11.35. The company had a trading volume of 26,314 shares, compared to its average volume of 85,764. VanEck Indonesia Index ETF has a 1 year low of $9.51 and a 1 year high of $17.55. The company has a market capitalization of $36.89 million, a price-to-earnings ratio of 11.41 and a beta of 0.31. The stock’s 50-day moving average price is $10.67 and its 200-day moving average price is $12.86.

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.