Matthews China Discovery Active ETF (NASDAQ:MCHS) Short Interest Update

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 33,228 shares, an increase of 76.8% from the June 30th total of 18,794 shares. Based on an average trading volume of 23,739 shares, the short-interest ratio is currently 1.4 days. Approximately 6.6% of the shares of the stock are short sold.

Matthews China Discovery Active ETF Trading Down 1.1%

NASDAQ MCHS traded down $0.43 on Thursday, reaching $39.62. The company’s stock had a trading volume of 3,732 shares, compared to its average volume of 7,468. Matthews China Discovery Active ETF has a 52 week low of $30.44 and a 52 week high of $53.25. The firm has a market cap of $19.81 million, a PE ratio of 16.73 and a beta of 0.76. The business has a 50-day moving average price of $46.29 and a 200 day moving average price of $41.46.

About Matthews China Discovery Active ETF

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential. MCHS was launched on Jan 10, 2024 and is issued by Matthews.