Short Interest in Matthews China Active ETF (NYSEARCA:MCH) Increases By 510.1%

Matthews China Active ETF (NYSEARCA:MCH – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 787 shares, a growth of 510.1% from the June 15th total of 129 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,977 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Matthews China Active ETF

A number of hedge funds and other institutional investors have recently modified their holdings of MCH. Flow Traders U.S. LLC purchased a new position in shares of Matthews China Active ETF during the 3rd quarter worth $265,000. Kestra Advisory Services LLC grew its holdings in shares of Matthews China Active ETF by 13.8% in the fourth quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock valued at $470,000 after purchasing an additional 2,028 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Matthews China Active ETF by 69.5% in the first quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock valued at $487,000 after purchasing an additional 8,201 shares during the period. Jane Street Group LLC grew its holdings in shares of Matthews China Active ETF by 37.8% in the first quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after purchasing an additional 9,686 shares during the period. Finally, Summit Place Financial Advisors LLC increased 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 during the last quarter.

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Matthews China Active ETF Stock Performance

Shares of NYSEARCA:MCH traded down $0.47 during midday trading on Friday, hitting $28.28. The company’s stock had a trading volume of 1,053 shares, compared to its average volume of 3,703. The business’s 50 day simple moving average is $28.93 and its 200 day simple moving average is $28.52. The company has a market cap of $22.62 million, a P/E ratio of 12.47 and a beta of 0.76. Matthews China Active ETF has a 12-month low of $24.67 and a 12-month high of $30.97.

About Matthews China Active ETF

(Get Free Report)

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.

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