Matthews China Active ETF (NYSEARCA:MCH) Short Interest Up 316.5% in May

Matthews China Active ETF (NYSEARCA:MCH) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 858 shares, an increase of 316.5% from the April 30th total of 206 shares. Based on an average daily volume of 4,142 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Matthews China Active ETF Stock Down 0.8%

Shares of NYSEARCA:MCH opened at $28.80 on Friday. Matthews China Active ETF has a 52-week low of $22.94 and a 52-week high of $30.97. The stock’s fifty day simple moving average is $27.87 and its 200-day simple moving average is $28.52. The company has a market capitalization of $23.04 million, a P/E ratio of 12.47 and a beta of 0.77.

Institutional Trading of Matthews China Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in Matthews China Active ETF in the 3rd quarter worth approximately $265,000. PFG Private Wealth Management LLC acquired a new stake in Matthews China Active ETF during the third quarter worth about $346,000. Kestra Advisory Services LLC boosted its position in Matthews China Active ETF by 13.8% during the 4th quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock worth $470,000 after purchasing an additional 2,028 shares during the period. Goldman Sachs Group Inc. boosted its position in Matthews China Active ETF by 69.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock worth $487,000 after purchasing an additional 8,201 shares during the period. Finally, Jane Street Group LLC boosted its position in Matthews China Active ETF by 37.8% during the 1st quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock worth $859,000 after purchasing an additional 9,686 shares during the period.

Matthews China Active ETF Company Profile

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.