Matthews China Discovery Active ETF (NASDAQ:MCHS) Short Interest Update

Matthews China Discovery Active ETF (NASDAQ:MCHS) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,613 shares, a decrease of 95.1% from the July 15th total of 33,228 shares. Based on an average daily volume of 14,881 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s shares are sold short.

Matthews China Discovery Active ETF Trading Down 1.2%

Shares of NASDAQ:MCHS traded down $0.53 during trading on Tuesday, hitting $42.08. 10,525 shares of the company’s stock were exchanged, compared to its average volume of 7,884. Matthews China Discovery Active ETF has a 1-year low of $31.36 and a 1-year high of $53.25. The firm has a 50-day moving average price of $45.32 and a two-hundred day moving average price of $41.88. The firm has a market cap of $21.04 million, a P/E ratio of 16.73 and a beta of 0.87.

About Matthews China Discovery Active ETF

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential. MCHS was launched on Jan 10, 2024 and is issued by Matthews.