Short Interest in Matthews Japan Active ETF (NYSEARCA:JPAN) Expands By 162.0%

Matthews Japan Active ETF (NYSEARCA:JPAN) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 697 shares, an increase of 162.0% from the July 15th total of 266 shares. Based on an average trading volume of 978 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Matthews Japan Active ETF

An institutional investor recently bought a new position in Matthews Japan Active ETF stock. Advisory Services Network LLC acquired a new stake in Matthews Japan Active ETF (NYSEARCA:JPAN) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,821 shares of the company’s stock, valued at approximately $102,000. Advisory Services Network LLC owned about 1.76% of Matthews Japan Active ETF at the end of the most recent reporting period.

Matthews Japan Active ETF Stock Performance

Shares of JPAN stock remained flat at $44.13 during mid-day trading on Friday. The stock had a trading volume of 1,283 shares, compared to its average volume of 1,678. Matthews Japan Active ETF has a fifty-two week low of $35.12 and a fifty-two week high of $44.23. The company has a market cap of $8.83 million, a price-to-earnings ratio of 17.96 and a beta of 0.81. The business has a fifty day moving average of $42.08 and a two-hundred day moving average of $40.21.

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.