Short Interest in Matthews Korea Active ETF (NYSEARCA:MKOR) Declines By 72.2%

Matthews Korea Active ETF (NYSEARCA:MKOR) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 14,902 shares, a drop of 72.2% from the February 12th total of 53,655 shares. Based on an average daily volume of 28,780 shares, the short-interest ratio is presently 0.5 days. Currently, 0.7% of the shares of the company are sold short. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 28,780 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Matthews Korea Active ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. OLD Mission Capital LLC grew its holdings in shares of Matthews Korea Active ETF by 2.3% in the fourth quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after purchasing an additional 728 shares during the last quarter. Jane Street Group LLC grew its position in shares of Matthews Korea Active ETF by 45.5% in the 4th quarter. Jane Street Group LLC now owns 26,332 shares of the company’s stock worth $906,000 after buying an additional 8,235 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Matthews Korea Active ETF during the third quarter valued at approximately $91,000. Finally, Susquehanna International Group LLP raised its holdings in shares of Matthews Korea Active ETF by 278.3% during the third quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock valued at $2,271,000 after acquiring an additional 55,323 shares in the last quarter.

Matthews Korea Active ETF Stock Performance

NYSEARCA MKOR traded down $0.33 on Wednesday, hitting $45.71. 13,201 shares of the stock traded hands, compared to its average volume of 27,815. The business’s fifty day moving average is $43.14 and its two-hundred day moving average is $35.80. Matthews Korea Active ETF has a 12 month low of $19.85 and a 12 month high of $53.15. The firm has a market capitalization of $95.99 million, a price-to-earnings ratio of 11.30 and a beta of 1.10.

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.