Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Up 2,411.9% in February

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 26,953 shares, an increase of 2,411.9% from the January 29th total of 1,073 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 6,528 shares, the days-to-cover ratio is presently 4.1 days. Based on an average daily volume of 6,528 shares, the days-to-cover ratio is presently 4.1 days. Approximately 1.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Matthews Asia Innovators Active ETF

A number of institutional investors have recently bought and sold shares of MINV. OLD Mission Capital LLC purchased a new stake in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at $936,000. Jane Street Group LLC acquired a new position in Matthews Asia Innovators Active ETF during the fourth quarter valued at $305,000. Quantify Chaos Advisors LLC acquired a new position in Matthews Asia Innovators Active ETF during the fourth quarter valued at $314,000. Geneos Wealth Management Inc. boosted its holdings in Matthews Asia Innovators Active ETF by 2.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 78,028 shares of the company’s stock valued at $2,755,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Matthews Asia Innovators Active ETF in the third quarter valued at $100,000.

Matthews Asia Innovators Active ETF Stock Up 1.5%

Shares of NYSEARCA:MINV traded up $0.61 during trading on Wednesday, hitting $41.73. The stock had a trading volume of 25,487 shares, compared to its average volume of 22,665. Matthews Asia Innovators Active ETF has a 12-month low of $24.18 and a 12-month high of $41.93. The stock has a market capitalization of $104.33 million, a price-to-earnings ratio of 20.71 and a beta of 0.84. The stock has a 50-day simple moving average of $37.51 and a two-hundred day simple moving average of $36.43.

Matthews Asia Innovators Active ETF Company Profile

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.