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

Matthews China Active ETF (NYSEARCA:MCH) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 701 shares, a decline of 19.8% from the February 12th total of 874 shares. Based on an average daily trading volume, of 2,173 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,173 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Matthews China Active ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of Matthews China Active ETF by 17.6% in the third quarter. Farther Finance Advisors LLC now owns 2,540 shares of the company’s stock valued at $77,000 after purchasing an additional 380 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Matthews China Active ETF during the third quarter worth about $265,000. PFG Private Wealth Management LLC bought a new position in shares of Matthews China Active ETF during the third quarter worth about $346,000. Kestra Advisory Services LLC raised its position in Matthews China Active ETF by 13.8% in the 4th quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock valued at $470,000 after buying an additional 2,028 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Matthews China Active ETF by 69.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock valued at $487,000 after buying an additional 8,201 shares during the last quarter.

Matthews China Active ETF Price Performance

Shares of Matthews China Active ETF stock traded down $0.04 on Friday, hitting $27.46. The company had a trading volume of 5,145 shares, compared to its average volume of 4,190. Matthews China Active ETF has a twelve month low of $20.06 and a twelve month high of $30.97. The stock has a 50-day moving average of $29.00 and a 200-day moving average of $29.10. The firm has a market capitalization of $21.97 million, a P/E ratio of 12.47 and a beta of 0.73.

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.