Matthews China Active ETF (NYSEARCA:MCH) Short Interest Down 76.8% in June

Matthews China Active ETF (NYSEARCA:MCH) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 129 shares, a decline of 76.8% from the May 31st total of 556 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,667 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Matthews China Active ETF

Large investors have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC increased its stake in shares of Matthews China Active ETF by 131.9% in the 4th quarter. OLD Mission Capital LLC now owns 89,925 shares of the company’s stock worth $2,536,000 after acquiring an additional 51,146 shares during the last quarter. Welch Financial Planning LLC acquired a new position in shares of Matthews China Active ETF during the 4th quarter valued at about $2,254,000. Merkkuri Wealth Advisors LLC boosted its position in shares of Matthews China Active ETF by 1.3% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 71,289 shares of the company’s stock valued at $1,877,000 after acquiring an additional 900 shares during the last quarter. Summit Place Financial Advisors LLC grew its holdings in shares of Matthews China Active ETF by 1.9% in the fourth quarter. Summit Place Financial Advisors LLC now owns 62,920 shares of the company’s stock valued at $1,775,000 after purchasing an additional 1,150 shares during the period. Finally, Jane Street Group LLC grew its holdings in shares of Matthews China Active ETF by 37.8% in the first quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after purchasing an additional 9,686 shares during the period.

Matthews China Active ETF Price Performance

MCH stock opened at $28.56 on Friday. Matthews China Active ETF has a 1 year low of $24.20 and a 1 year high of $30.97. The firm has a market capitalization of $22.85 million, a PE ratio of 12.47 and a beta of 0.76. The business has a 50 day simple moving average of $28.89 and a 200-day simple moving average of $28.54.

About Matthews China Active ETF

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.