Matthews Japan Active ETF (NYSEARCA:JPAN) Short Interest Up 65.7% in May

Matthews Japan Active ETF (NYSEARCA:JPAN) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,221 shares, an increase of 65.7% from the April 30th total of 6,771 shares. Approximately 5.6% of the company’s shares are sold short. Based on an average daily volume of 2,010 shares, the short-interest ratio is currently 5.6 days.

Institutional Investors Weigh In On Matthews Japan Active ETF

A hedge fund recently bought a new stake in Matthews Japan Active ETF stock. Advisory Services Network LLC acquired a new stake in Matthews Japan Active ETF (NYSEARCA:JPAN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,821 shares of the company’s stock, valued at approximately $102,000. Advisory Services Network LLC owned 1.76% of Matthews Japan Active ETF as of its most recent SEC filing.

Matthews Japan Active ETF Stock Up 0.6%

Shares of NYSEARCA:JPAN opened at $42.39 on Friday. The company has a market cap of $8.48 million, a P/E ratio of 17.96 and a beta of 0.81. Matthews Japan Active ETF has a 52 week low of $32.82 and a 52 week high of $42.39. The business has a fifty day simple moving average of $39.64 and a 200-day simple moving average of $38.41.

About Matthews Japan Active ETF

The Matthews Japan Active ETF (JPAN) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Japanese companies capable of sustainable growth based on fundamentals while considering ESG. The fund follows an all-cap approach while implementing a high-conviction growth strategy. JPAN was launched on Sep 22, 2023 and is issued by Matthews.