Short Interest in Matthews Japan Active ETF (NYSEARCA:JPAN) Grows By 93.4%

Matthews Japan Active ETF (NYSEARCA:JPAN) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 7,125 shares, an increase of 93.4% from the August 15th total of 3,684 shares. Approximately 3.6% of the shares of the stock are short sold. Based on an average daily volume of 2,558 shares, the days-to-cover ratio is presently 2.8 days.

Matthews Japan Active ETF Price Performance

Matthews Japan Active ETF stock traded down $0.06 during trading hours on Wednesday, hitting $42.52. The stock had a trading volume of 500 shares, compared to its average volume of 1,673. Matthews Japan Active ETF has a 1-year low of $35.13 and a 1-year high of $44.33. The stock has a market capitalization of $42.48 million, a price-to-earnings ratio of 17.96 and a beta of 0.81. The stock’s fifty day moving average is $42.43 and its two-hundred day moving average is $40.76.

Matthews Japan Active ETF Company Profile

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.