Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Up 93.5% in January

Matthews Korea Active ETF (NYSEARCA:MKORGet Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 7,148 shares, an increase of 93.5% from the December 31st total of 3,695 shares. Based on an average daily volume of 9,431 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 9,431 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Matthews Korea Active ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in Matthews Korea Active ETF in the 3rd quarter valued at $91,000. Susquehanna International Group LLP lifted its holdings in Matthews Korea Active ETF by 278.3% during the third quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock worth $2,271,000 after acquiring an additional 55,323 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Matthews Korea Active ETF during the 2nd quarter worth $388,000.

Matthews Korea Active ETF Stock Down 0.7%

MKOR traded down $0.29 during trading on Friday, reaching $43.37. 60,839 shares of the stock traded hands, compared to its average volume of 14,957. The stock’s 50-day moving average is $35.94 and its 200 day moving average is $32.18. Matthews Korea Active ETF has a 12 month low of $19.85 and a 12 month high of $44.52. The stock has a market capitalization of $91.08 million, a PE ratio of 11.30 and a beta of 1.10.

About Matthews Korea Active ETF

(Get Free Report)

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.

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