Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Up 294.9% in February

Matthews Korea Active ETF (NYSEARCA:MKOR) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 53,655 shares, a growth of 294.9% from the January 29th total of 13,586 shares. Currently, 2.6% of the company’s stock are short sold. Based on an average daily trading volume, of 22,472 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily trading volume, of 22,472 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.6% of the company’s stock are short sold.

Matthews Korea Active ETF Price Performance

Shares of MKOR stock traded down $0.53 during trading hours on Thursday, reaching $51.16. 11,662 shares of the stock were exchanged, compared to its average volume of 18,592. The business’s fifty day moving average is $40.55 and its two-hundred day moving average is $34.47. The firm has a market capitalization of $107.44 million, a P/E ratio of 11.30 and a beta of 1.10. Matthews Korea Active ETF has a 12-month low of $19.85 and a 12-month high of $53.15.

Hedge Funds Weigh In On Matthews Korea Active ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Advisory Services Network LLC acquired a new stake in Matthews Korea Active ETF in the third quarter valued at $91,000. Jane Street Group LLC purchased a new position in shares of Matthews Korea Active ETF in the 2nd quarter valued at about $388,000. OLD Mission Capital LLC raised its position 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 in the last quarter. Finally, Susquehanna International Group LLP lifted its stake in Matthews Korea Active ETF by 278.3% during the third quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock worth $2,271,000 after purchasing an additional 55,323 shares during the last quarter.

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.