Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Significant Decline in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,079 shares, a decline of 41.2% from the December 31st total of 1,834 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,958 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 4,958 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Matthews Pacific Tiger Active ETF Trading Down 1.4%

Shares of NYSEARCA ASIA traded down $0.53 during mid-day trading on Friday, hitting $36.77. The company had a trading volume of 954 shares, compared to its average volume of 4,588. The company has a market capitalization of $47.80 million, a PE ratio of -10.94 and a beta of 0.51. Matthews Pacific Tiger Active ETF has a one year low of $22.70 and a one year high of $37.50. The firm has a 50-day simple moving average of $34.63 and a two-hundred day simple moving average of $33.12.

About Matthews Pacific Tiger Active ETF

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.