Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Down 73.5% in June

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 8,616 shares, a decrease of 73.5% from the May 31st total of 32,550 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 14,712 shares, the short-interest ratio is presently 0.6 days.

Matthews Asia Innovators Active ETF Stock Performance

NYSEARCA MINV opened at $55.43 on Friday. The company has a market capitalization of $171.83 million, a price-to-earnings ratio of 20.71 and a beta of 1.11. Matthews Asia Innovators Active ETF has a one year low of $30.85 and a one year high of $61.03. The company’s 50-day simple moving average is $52.12 and its two-hundred day simple moving average is $43.07.

Institutional Investors Weigh In On Matthews Asia Innovators Active ETF

A number of large investors have recently made changes to their positions in MINV. Geneos Wealth Management Inc. boosted its position in Matthews Asia Innovators Active ETF by 1.9% in the first quarter. Geneos Wealth Management Inc. now owns 79,478 shares of the company’s stock valued at $3,023,000 after buying an additional 1,450 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Matthews Asia Innovators Active ETF in the 3rd quarter valued at about $100,000. Sankala Group LLC purchased a new position in shares of Matthews Asia Innovators Active ETF during the 4th quarter valued at approximately $96,000. Jane Street Group LLC purchased a new position in Matthews Asia Innovators Active ETF during the fourth quarter valued at $305,000. Finally, Quantify Chaos Advisors LLC acquired a new stake in Matthews Asia Innovators Active ETF in the 4th quarter worth about $314,000.

About Matthews Asia Innovators Active ETF

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.