Matthews Korea Active ETF (NYSEARCA:MKOR) Sees Significant Growth in Short Interest

Matthews Korea Active ETF (NYSEARCA:MKOR) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 59,946 shares, a growth of 65.4% from the July 15th total of 36,234 shares. Based on an average daily volume of 14,519 shares, the short-interest ratio is currently 4.1 days. Approximately 2.6% of the company’s stock are short sold.

Matthews Korea Active ETF Trading Up 2.2%

Matthews Korea Active ETF stock traded up $1.37 during mid-day trading on Monday, hitting $63.05. 8,399 shares of the company’s stock were exchanged, compared to its average volume of 23,131. Matthews Korea Active ETF has a 1-year low of $26.78 and a 1-year high of $72.96. The stock has a 50 day moving average of $60.82 and a two-hundred day moving average of $54.83. The stock has a market cap of $145.01 million, a P/E ratio of 11.30 and a beta of 1.63.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MKOR. Western Wealth Management LLC bought a new position in Matthews Korea Active ETF in the first quarter worth $84,000. Advisory Services Network LLC bought a new stake in Matthews Korea Active ETF in the 3rd quarter valued at $91,000. Jane Street Group LLC acquired a new position in shares of Matthews Korea Active ETF in the 2nd quarter valued at $388,000. OLD Mission Capital LLC lifted its holdings in shares of Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after acquiring an additional 728 shares during the period. Finally, Susquehanna International Group LLP lifted its holdings in shares of Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock worth $2,271,000 after acquiring an additional 55,323 shares during the period.

About Matthews Korea Active ETF

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.