Matthews China Active ETF (NYSEARCA:MCH) Short Interest Down 76.8% in June

Matthews China Active ETF (NYSEARCA:MCH) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 129 shares, a decrease of 76.8% from the May 31st total of 556 shares. Based on an average trading volume of 1,667 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Matthews China Active ETF Price Performance

NYSEARCA MCH traded up $0.08 during trading on Monday, reaching $28.64. 1,508 shares of the company’s stock traded hands, compared to its average volume of 3,750. Matthews China Active ETF has a 12-month low of $24.20 and a 12-month high of $30.97. The firm has a market cap of $22.91 million, a price-to-earnings ratio of 12.47 and a beta of 0.76. The company’s 50 day simple moving average is $28.89 and its two-hundred day simple moving average is $28.53.

Hedge Funds Weigh In On Matthews China Active ETF

Institutional investors have recently bought and sold shares of the business. Welch Financial Planning LLC purchased a new stake in Matthews China Active ETF during the fourth quarter worth $2,254,000. OLD Mission Capital LLC increased its holdings in shares of Matthews China Active ETF by 131.9% in the 4th quarter. OLD Mission Capital LLC now owns 89,925 shares of the company’s stock valued at $2,536,000 after acquiring an additional 51,146 shares during the period. Jane Street Group LLC increased its holdings in shares of Matthews China Active ETF by 37.8% in the 1st quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after acquiring an additional 9,686 shares during the period. Flow Traders U.S. LLC bought a new position in shares of Matthews China Active ETF in the 3rd quarter worth $265,000. Finally, Goldman Sachs Group Inc. raised its position in shares of 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 worth $487,000 after acquiring an additional 8,201 shares in the last quarter.

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.