Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Down 56.8% in June

Matthews Korea Active ETF (NYSEARCA:MKOR) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 7,012 shares, a decline of 56.8% from the June 15th total of 16,216 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 19,010 shares, the days-to-cover ratio is presently 0.4 days.

Matthews Korea Active ETF Stock Performance

Shares of NYSEARCA MKOR traded up $1.79 during trading on Tuesday, reaching $59.85. The stock had a trading volume of 11,058 shares, compared to its average volume of 25,078. The company has a market cap of $137.66 million, a P/E ratio of 11.30 and a beta of 1.56. Matthews Korea Active ETF has a fifty-two week low of $26.78 and a fifty-two week high of $72.96. The business’s 50-day moving average price is $63.86 and its 200-day moving average price is $51.48.

Institutional Trading of Matthews Korea Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of MKOR. Susquehanna International Group LLP boosted its stake in shares of Matthews Korea Active ETF by 278.3% in the third 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 acquired a new stake in Matthews Korea Active ETF during the 2nd quarter worth approximately $388,000. Advisory Services Network LLC acquired a new stake in Matthews Korea Active ETF during the 3rd quarter worth approximately $91,000. Western Wealth Management LLC acquired a new stake in Matthews Korea Active ETF during the 1st quarter worth approximately $84,000. Finally, OLD Mission Capital LLC boosted its position 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 valued at $1,123,000 after buying an additional 728 shares during the period.

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.