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

Matthews China Active ETF (NYSEARCA:MCH) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 159 shares, an increase of 45.9% from the March 31st total of 109 shares. Based on an average trading volume of 3,153 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Matthews China Active ETF Price Performance

NYSEARCA:MCH remained flat at $27.90 during mid-day trading on Thursday. 61 shares of the company were exchanged, compared to its average volume of 4,106. Matthews China Active ETF has a 1-year low of $22.39 and a 1-year high of $30.97. The stock has a market capitalization of $22.32 million, a price-to-earnings ratio of 12.47 and a beta of 0.77. The business’s 50 day moving average is $27.50 and its two-hundred day moving average is $28.59.

Hedge Funds Weigh In On Matthews China Active ETF

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its holdings in Matthews China Active ETF by 17.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,540 shares of the company’s stock valued at $77,000 after buying an additional 380 shares during the period. Merkkuri Wealth Advisors LLC increased its holdings in Matthews China Active ETF by 1.3% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 71,289 shares of the company’s stock valued at $1,877,000 after buying an additional 900 shares during the period. Summit Place Financial Advisors LLC increased its holdings in Matthews China Active ETF by 1.9% in the 4th quarter. Summit Place Financial Advisors LLC now owns 62,920 shares of the company’s stock valued at $1,775,000 after buying an additional 1,150 shares during the period. Kestra Advisory Services LLC increased its holdings 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 period. Finally, Goldman Sachs Group Inc. increased its holdings 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 period.

About Matthews China Active ETF

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.