Matthews Asia Innovators Active ETF (NYSEARCA:MINV – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 12,752 shares, a growth of 76.2% from the April 15th total of 7,238 shares. Based on an average trading volume of 19,146 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company’s shares are sold short.
Matthews Asia Innovators Active ETF Stock Performance
NYSEARCA:MINV traded up $0.03 during trading hours on Monday, reaching $50.18. The company’s stock had a trading volume of 9,144 shares, compared to its average volume of 17,311. The company has a market capitalization of $155.56 million, a P/E ratio of 20.71 and a beta of 1.05. Matthews Asia Innovators Active ETF has a 12 month low of $28.94 and a 12 month high of $54.50. The stock has a 50 day moving average price of $43.04 and a two-hundred day moving average price of $39.19.
Hedge Funds Weigh In On Matthews Asia Innovators Active ETF
Several institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in Matthews Asia Innovators Active ETF in the 3rd quarter worth $100,000. Geneos Wealth Management Inc. grew its stake in Matthews Asia Innovators Active ETF by 2.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 78,028 shares of the company’s stock valued at $2,755,000 after purchasing an additional 1,817 shares during the last quarter. Quantify Chaos Advisors LLC purchased a new stake in Matthews Asia Innovators Active ETF during the 4th quarter valued at about $314,000. Jane Street Group LLC purchased a new stake in Matthews Asia Innovators Active ETF during the 4th quarter valued at about $305,000. Finally, OLD Mission Capital LLC purchased a new stake in Matthews Asia Innovators Active ETF during the 4th quarter valued at about $936,000.
About Matthews Asia Innovators Active ETF
The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.
Featured Articles
- Five stocks we like better than Matthews Asia Innovators Active ETF
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for Matthews Asia Innovators Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matthews Asia Innovators Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
