Short Interest in Matthews Japan Active ETF (NYSEARCA:JPAN) Drops By 35.3%

Matthews Japan Active ETF (NYSEARCA:JPAN) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 1,100 shares, a decline of 35.3% from the May 15th total of 1,700 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On Matthews Japan Active ETF

An institutional investor recently bought a new position in Matthews Japan Active ETF stock. Jane Street Group LLC bought a new stake in Matthews Japan Active ETF (NYSEARCA:JPAN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 40,256 shares of the company’s stock, valued at approximately $1,235,000. Jane Street Group LLC owned approximately 25.16% of Matthews Japan Active ETF as of its most recent filing with the Securities and Exchange Commission.

Matthews Japan Active ETF Trading Down 0.8%

JPAN stock traded down $0.29 during trading on Tuesday, reaching $33.52. 722 shares of the stock were exchanged, compared to its average volume of 1,313. The company has a market capitalization of $5.36 million, a P/E ratio of 17.48 and a beta of 0.77. Matthews Japan Active ETF has a twelve month low of $25.97 and a twelve month high of $34.44. The stock has a 50 day simple moving average of $32.39 and a 200-day simple moving average of $31.36.

Matthews Japan Active ETF Company Profile

The Matthews Japan Active ETF (JPAN) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Japanese companies capable of sustainable growth based on fundamentals while considering ESG. The fund follows an all-cap approach while implementing a high-conviction growth strategy.