Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Down 72.2% in February

Matthews Korea Active ETF (NYSEARCA:MKOR) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 14,902 shares, a drop of 72.2% from the February 12th total of 53,655 shares. Based on an average trading volume of 28,780 shares, the short-interest ratio is currently 0.5 days. Approximately 0.7% of the shares of the company are sold short. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 28,780 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Matthews Korea Active ETF

Hedge funds have recently modified their holdings of the company. Susquehanna International Group LLP raised its position in shares of Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock valued at $2,271,000 after purchasing an additional 55,323 shares during the period. Jane Street Group LLC purchased a new position in Matthews Korea Active ETF during the second quarter valued at $388,000. Advisory Services Network LLC bought a new stake in Matthews Korea Active ETF in the 3rd quarter valued at $91,000. Finally, OLD Mission Capital LLC lifted its stake in Matthews Korea Active ETF by 2.3% in the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after purchasing an additional 728 shares in the last quarter.

Matthews Korea Active ETF Price Performance

Shares of NYSEARCA:MKOR traded down $0.33 during midday trading on Wednesday, hitting $45.71. The company had a trading volume of 13,201 shares, compared to its average volume of 27,815. Matthews Korea Active ETF has a 12-month low of $19.85 and a 12-month high of $53.15. The company has a fifty day moving average of $43.14 and a two-hundred day moving average of $35.80. The company has a market cap of $95.99 million, a price-to-earnings ratio of 11.30 and a beta of 1.10.

Matthews Korea Active ETF Company Profile

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.