Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Significant Drop in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 1,834 shares, a drop of 40.5% from the December 15th total of 3,080 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,650 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 1,650 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the shares of the stock are sold short.

Matthews Pacific Tiger Active ETF Price Performance

ASIA stock traded down $0.07 during midday trading on Friday, reaching $36.27. The company had a trading volume of 325 shares, compared to its average volume of 4,475. The company has a market capitalization of $47.15 million, a P/E ratio of -10.79 and a beta of 0.51. The firm has a 50-day moving average price of $34.09 and a 200-day moving average price of $32.65. Matthews Pacific Tiger Active ETF has a 1 year low of $22.70 and a 1 year high of $36.58.

Matthews Pacific Tiger Active ETF Company Profile

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.