Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Sees Significant Decrease in Short Interest

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 1,073 shares, a decrease of 95.1% from the January 15th total of 21,964 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 11,567 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 11,567 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Matthews Asia Innovators Active ETF Stock Performance

Shares of NYSEARCA:MINV traded up $0.31 during midday trading on Tuesday, reaching $38.60. 7,260 shares of the company’s stock were exchanged, compared to its average volume of 11,443. The company’s 50 day simple moving average is $36.74 and its two-hundred day simple moving average is $35.95. The firm has a market capitalization of $96.50 million, a PE ratio of 20.71 and a beta of 0.84. Matthews Asia Innovators Active ETF has a 12 month low of $24.18 and a 12 month high of $39.04.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MINV. Advisory Services Network LLC bought a new stake in Matthews Asia Innovators Active ETF during the 3rd quarter worth about $100,000. Harbour Investments Inc. increased its stake in Matthews Asia Innovators Active ETF by 9.0% in the second quarter. Harbour Investments Inc. now owns 5,391 shares of the company’s stock valued at $168,000 after purchasing an additional 445 shares in the last quarter. Quantify Chaos Advisors LLC bought a new stake in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at $314,000. Geneos Wealth Management Inc. acquired a new stake in shares of Matthews Asia Innovators Active ETF during the second quarter worth about $2,379,000. Finally, Altfest L J & Co. Inc. raised its holdings in Matthews Asia Innovators Active ETF by 1.1% during the 3rd quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock worth $35,814,000 after buying an additional 10,222 shares during the period.

Matthews Asia Innovators Active ETF Company Profile

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.