Matthews Korea Active ETF (NYSEARCA:MKOR) Sees Large Increase in Short Interest

Matthews Korea Active ETF (NYSEARCA:MKOR) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 6,900 shares, a growth of 35.3% from the September 30th total of 5,100 shares. Based on an average daily trading volume, of 32,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,300 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Matthews Korea Active ETF

A hedge fund recently bought a new stake in Matthews Korea Active ETF stock. Jane Street Group LLC purchased a new stake in Matthews Korea Active ETF (NYSEARCA:MKOR) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,799 shares of the company’s stock, valued at approximately $388,000. Jane Street Group LLC owned approximately 0.60% of Matthews Korea Active ETF as of its most recent SEC filing.

Matthews Korea Active ETF Trading Down 3.7%

Shares of NYSEARCA:MKOR traded down $1.33 during trading on Tuesday, hitting $34.15. 9,292 shares of the stock were exchanged, compared to its average volume of 15,702. The company has a market cap of $71.72 million, a PE ratio of 11.30 and a beta of 1.10. The company has a fifty day moving average price of $30.69 and a two-hundred day moving average price of $27.54. Matthews Korea Active ETF has a 12-month low of $19.85 and a 12-month high of $35.51.

Matthews Korea Active ETF Company Profile

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.