Matthews China Active ETF (NYSEARCA:MCH) Short Interest Update

Matthews China Active ETF (NYSEARCA:MCH) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,160 shares, an increase of 73.3% from the December 31st total of 1,823 shares. Based on an average daily trading volume, of 2,689 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 2,689 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MCH. Summit Place Financial Advisors LLC raised its holdings in shares of Matthews China Active ETF by 1.8% during the 2nd quarter. Summit Place Financial Advisors LLC now owns 63,070 shares of the company’s stock worth $1,545,000 after acquiring an additional 1,090 shares during the period. Chicago Partners Investment Group LLC bought a new position in Matthews China Active ETF during the 2nd quarter valued at $1,073,000. Integrity Wealth Solutions LLC boosted its holdings in shares of Matthews China Active ETF by 38.4% in the second quarter. Integrity Wealth Solutions LLC now owns 11,443 shares of the company’s stock valued at $280,000 after acquiring an additional 3,173 shares in the last quarter. Tradewinds LLC. purchased a new position in Matthews China Active ETF during the second quarter valued at approximately $1,899,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Matthews China Active ETF in the third quarter valued at approximately $265,000.

Matthews China Active ETF Stock Performance

Shares of NYSEARCA:MCH traded down $0.62 during trading on Friday, reaching $29.43. The stock had a trading volume of 4,119 shares, compared to its average volume of 2,786. The firm’s fifty day moving average is $29.08 and its 200 day moving average is $28.69. The stock has a market cap of $23.54 million, a price-to-earnings ratio of 12.47 and a beta of 0.73. Matthews China Active ETF has a 52 week low of $20.06 and a 52 week high of $30.97.

Matthews China Active ETF Company Profile

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.