Matthews India Active ETF (NYSEARCA:INDE) Short Interest Down 64.9% in January

Matthews India Active ETF (NYSEARCA:INDE) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 94 shares, a decrease of 64.9% from the December 31st total of 268 shares. Based on an average daily trading volume, of 1,952 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,952 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Matthews India Active ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Navis Wealth Advisors LLC boosted its holdings in shares of Matthews India Active ETF by 65.6% during the 2nd quarter. Navis Wealth Advisors LLC now owns 13,976 shares of the company’s stock valued at $422,000 after purchasing an additional 5,536 shares during the last quarter. Freedom Financial Partners LLC purchased a new stake in shares of Matthews India Active ETF in the second quarter worth about $229,000. Finally, Susquehanna International Group LLP bought a new position in Matthews India Active ETF during the third quarter valued at approximately $290,000.

Matthews India Active ETF Stock Performance

Shares of NYSEARCA:INDE remained flat at $28.26 during trading on Thursday. The company had a trading volume of 836 shares, compared to its average volume of 1,544. The firm has a 50-day moving average of $29.87 and a 200-day moving average of $30.03. The firm has a market capitalization of $8.48 million, a P/E ratio of 32.13 and a beta of 0.07. Matthews India Active ETF has a 12-month low of $25.72 and a 12-month high of $31.44.

About Matthews India Active ETF

The Matthews India Active ETF (INDE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Indian companies capable of sustainable growth based on fundamentals. The fund follows an all-cap strategy while implementing a fundamental bottom-up approach. INDE was launched on Sep 22, 2023 and is issued by Matthews.