Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) Short Interest Down 39.7% in February

Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 565 shares, a decline of 39.7% from the February 12th total of 937 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 571 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 571 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Matthews Emerging Markets Discovery Active ETF

Large investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its holdings in Matthews Emerging Markets Discovery Active ETF by 143.4% in the second quarter. Jane Street Group LLC now owns 40,923 shares of the technology company’s stock valued at $1,071,000 after purchasing an additional 24,113 shares during the last quarter. Richardson Capital Management LLC raised its position in shares of Matthews Emerging Markets Discovery Active ETF by 14.3% in the 3rd quarter. Richardson Capital Management LLC now owns 129,735 shares of the technology company’s stock valued at $3,475,000 after purchasing an additional 16,265 shares in the last quarter. Finally, Cahill Financial Advisors Inc. raised its position in shares of Matthews Emerging Markets Discovery Active ETF by 2.2% in the 4th quarter. Cahill Financial Advisors Inc. now owns 188,548 shares of the technology company’s stock valued at $4,805,000 after purchasing an additional 4,124 shares in the last quarter. Institutional investors and hedge funds own 15.59% of the company’s stock.

Matthews Emerging Markets Discovery Active ETF Stock Performance

Matthews Emerging Markets Discovery Active ETF stock traded down $0.26 during midday trading on Friday, reaching $26.35. 44 shares of the company were exchanged, compared to its average volume of 1,007. The company has a market capitalization of $18.44 million, a price-to-earnings ratio of -101.33 and a beta of 0.24. The firm’s 50-day simple moving average is $27.24 and its 200-day simple moving average is $26.77. Matthews Emerging Markets Discovery Active ETF has a 1 year low of $20.69 and a 1 year high of $29.10.

Matthews Emerging Markets Discovery Active ETF Increases Dividend

The company also recently announced an annual dividend, which was paid on Monday, December 22nd. Investors of record on Wednesday, December 17th were given a $0.7165 dividend. This is an increase from Matthews Emerging Markets Discovery Active ETF’s previous annual dividend of $0.33. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a dividend yield of 279.0%. Matthews Emerging Markets Discovery Active ETF’s dividend payout ratio is -126.92%.

About Matthews Emerging Markets Discovery Active ETF

MEMSIC, Inc provides advanced semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS), technology and mixed signal circuit design. The Company operates in two segments: semiconductor sensor products and sensor system solution products. Its semiconductor sensor products, which is based on MEMS technology and advanced, integrated circuit design. Its sensor system solution products, which incorporate sensors with on-board computing, wireless communications and systems and application software solutions.