Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Large Decline in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 392 shares, a decline of 94.3% from the May 31st total of 6,853 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,628 shares, the days-to-cover ratio is presently 0.1 days.

Matthews Pacific Tiger Active ETF Trading Up 1.6%

Matthews Pacific Tiger Active ETF stock traded up $0.73 during midday trading on Thursday, reaching $45.02. 3,645 shares of the stock traded hands, compared to its average volume of 4,211. Matthews Pacific Tiger Active ETF has a 12-month low of $28.95 and a 12-month high of $47.47. The company has a 50-day simple moving average of $42.76 and a two-hundred day simple moving average of $38.34. The firm has a market cap of $58.53 million, a PE ratio of -13.40 and a beta of 0.87.

About Matthews Pacific Tiger Active ETF

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.