Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Down 95.1% in January

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,073 shares, a decrease of 95.1% from the January 15th total of 21,964 shares. Based on an average daily volume of 11,567 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 11,567 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MINV. Advisory Services Network LLC acquired a new position in Matthews Asia Innovators Active ETF during the 3rd quarter worth $100,000. Harbour Investments Inc. raised its holdings in shares of Matthews Asia Innovators Active ETF by 9.0% during the second quarter. Harbour Investments Inc. now owns 5,391 shares of the company’s stock valued at $168,000 after buying an additional 445 shares during the last quarter. Quantify Chaos Advisors LLC acquired a new position in Matthews Asia Innovators Active ETF during the 4th quarter worth $314,000. Geneos Wealth Management Inc. bought a new position in Matthews Asia Innovators Active ETF in the 2nd quarter valued at about $2,379,000. Finally, Altfest L J & Co. Inc. boosted its holdings in shares of Matthews Asia Innovators Active ETF by 1.1% in the third quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock valued at $35,814,000 after acquiring an additional 10,222 shares in the last quarter.

Matthews Asia Innovators Active ETF Price Performance

NYSEARCA:MINV traded up $0.31 on Tuesday, reaching $38.60. The stock had a trading volume of 7,260 shares, compared to its average volume of 11,443. The company has a market cap of $96.50 million, a price-to-earnings ratio of 20.71 and a beta of 0.84. The firm’s fifty day moving average is $36.74 and its two-hundred day moving average is $35.95. Matthews Asia Innovators Active ETF has a 12-month low of $24.18 and a 12-month high of $39.04.

About Matthews Asia Innovators Active ETF

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.