Matthews China Active ETF (NYSEARCA:MCH) Short Interest Update

Matthews China Active ETF (NYSEARCA:MCH) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,141 shares, a growth of 62.8% from the February 26th total of 701 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 9,785 shares, the days-to-cover ratio is currently 0.1 days.

Matthews China Active ETF Trading Down 0.3%

Shares of Matthews China Active ETF stock traded down $0.09 on Friday, reaching $25.87. 2,791 shares of the company were exchanged, compared to its average volume of 4,432. Matthews China Active ETF has a fifty-two week low of $20.06 and a fifty-two week high of $30.97. The firm has a market capitalization of $20.70 million, a price-to-earnings ratio of 12.47 and a beta of 0.73. The stock has a fifty day moving average price of $28.37 and a 200-day moving average price of $28.99.

Institutional Trading of Matthews China Active ETF

A number of hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in shares of Matthews China Active ETF by 17.6% in the third quarter. Farther Finance Advisors LLC now owns 2,540 shares of the company’s stock worth $77,000 after buying an additional 380 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Matthews China Active ETF during the third quarter valued at approximately $265,000. PFG Private Wealth Management LLC purchased a new stake in shares of Matthews China Active ETF in the 3rd quarter valued at approximately $346,000. Kestra Advisory Services LLC lifted its position in shares of Matthews China Active ETF by 13.8% in the 4th quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock valued at $470,000 after acquiring an additional 2,028 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Matthews China Active ETF by 69.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock worth $487,000 after purchasing an additional 8,201 shares during the period.

About Matthews China Active ETF

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.