Short Interest in Matthews Korea Active ETF (NYSEARCA:MKOR) Decreases By 56.8%

Matthews Korea Active ETF (NYSEARCA:MKOR) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 7,012 shares, a decrease of 56.8% from the June 15th total of 16,216 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,010 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Matthews Korea Active ETF

A number of large investors have recently made changes to their positions in MKOR. OLD Mission Capital LLC boosted its position in shares of Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock valued at $1,123,000 after acquiring an additional 728 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Matthews Korea Active ETF during the 1st quarter worth $84,000. Advisory Services Network LLC purchased a new position in Matthews Korea Active ETF during the third quarter worth about $91,000. Jane Street Group LLC boosted its stake in Matthews Korea Active ETF by 45.5% during the fourth 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 period. Finally, Susquehanna International Group LLP boosted its stake in 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 worth $2,271,000 after buying an additional 55,323 shares during the period.

Matthews Korea Active ETF Stock Performance

Shares of NYSEARCA:MKOR traded up $1.79 during midday trading on Tuesday, hitting $59.85. The company’s stock had a trading volume of 11,058 shares, compared to its average volume of 25,078. The business’s 50 day simple moving average is $63.86 and its 200 day simple moving average is $51.48. The company has a market cap of $137.66 million, a P/E ratio of 11.30 and a beta of 1.56. Matthews Korea Active ETF has a 12-month low of $26.78 and a 12-month high of $72.96.

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.