Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Large Increase in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,091 shares, a growth of 109.0% from the July 15th total of 522 shares. Based on an average daily trading volume, of 2,978 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Matthews Pacific Tiger Active ETF Stock Performance

Shares of Matthews Pacific Tiger Active ETF stock opened at $41.41 on Monday. The stock’s fifty day moving average price is $42.33 and its 200-day moving average price is $40.03. The firm has a market cap of $53.83 million, a P/E ratio of -12.32 and a beta of 0.90. Matthews Pacific Tiger Active ETF has a 12 month low of $30.44 and a 12 month high of $47.47.

About Matthews Pacific Tiger Active ETF

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.