Matthews Asia Innovators Active ETF (NYSEARCA:MINV – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 2,886 shares, a decrease of 91.2% from the June 30th total of 32,825 shares. Based on an average daily volume of 11,408 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.
Hedge Funds Weigh In On Matthews Asia Innovators Active ETF
A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its holdings in Matthews Asia Innovators Active ETF by 1.9% in the first quarter. Geneos Wealth Management Inc. now owns 79,478 shares of the company’s stock valued at $3,023,000 after buying an additional 1,450 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of Matthews Asia Innovators Active ETF in the 4th quarter worth approximately $936,000. Quantify Chaos Advisors LLC bought a new stake in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at approximately $314,000. Jane Street Group LLC acquired a new stake in shares of Matthews Asia Innovators Active ETF during the 4th quarter valued at approximately $305,000. Finally, Sankala Group LLC bought a new position in Matthews Asia Innovators Active ETF during the fourth quarter worth $96,000.
Matthews Asia Innovators Active ETF Price Performance
MINV traded down $0.59 during trading on Friday, hitting $48.16. The company had a trading volume of 5,269 shares, compared to its average volume of 16,125. Matthews Asia Innovators Active ETF has a 1-year low of $31.91 and a 1-year high of $61.03. The company has a market cap of $158.93 million, a PE ratio of 20.71 and a beta of 1.10. The business has a 50-day moving average of $53.50 and a 200-day moving average of $45.38.
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.
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