Matthews China Active ETF (NYSEARCA:MCH – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 556 shares, a decrease of 35.2% from the May 14th total of 858 shares. Based on an average trading volume of 2,178 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
Matthews China Active ETF Price Performance
Shares of MCH stock opened at $29.38 on Thursday. The business’s fifty day moving average price is $28.61 and its 200 day moving average price is $28.52. Matthews China Active ETF has a 1-year low of $23.73 and a 1-year high of $30.97. The firm has a market capitalization of $23.50 million, a PE ratio of 12.47 and a beta of 0.76.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. OLD Mission Capital LLC boosted its position in Matthews China Active ETF by 131.9% during the fourth quarter. OLD Mission Capital LLC now owns 89,925 shares of the company’s stock worth $2,536,000 after purchasing an additional 51,146 shares in the last quarter. Welch Financial Planning LLC purchased a new stake in Matthews China Active ETF during the fourth quarter worth $2,254,000. Merkkuri Wealth Advisors LLC boosted its position in Matthews China Active ETF by 1.3% during the first quarter. Merkkuri Wealth Advisors LLC now owns 71,289 shares of the company’s stock worth $1,877,000 after purchasing an additional 900 shares in the last quarter. Summit Place Financial Advisors LLC boosted its position in Matthews China Active ETF by 1.9% during the fourth quarter. Summit Place Financial Advisors LLC now owns 62,920 shares of the company’s stock worth $1,775,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Matthews China Active ETF by 37.8% during the first quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock worth $859,000 after purchasing an additional 9,686 shares in the last quarter.
About Matthews China Active ETF
The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.
See Also
- Five stocks we like better than Matthews China Active ETF
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Receive News & Ratings for Matthews China Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matthews China Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
