Short Interest in Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Increases By 83.2%

Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,640 shares, a growth of 83.2% from the July 15th total of 2,533 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 2,984 shares, the short-interest ratio is currently 1.6 days.

Matthews Emerging Markets ex China Active ETF Stock Performance

NYSEARCA:MEMX traded up $0.31 during trading hours on Monday, reaching $48.38. The company’s stock had a trading volume of 1,121 shares, compared to its average volume of 4,199. Matthews Emerging Markets ex China Active ETF has a 12 month low of $32.64 and a 12 month high of $51.52. The stock has a 50 day moving average price of $47.37 and a two-hundred day moving average price of $44.90. The company has a market capitalization of $53.22 million, a P/E ratio of 16.84 and a beta of 0.94.

Institutional Trading of Matthews Emerging Markets ex China Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in Matthews Emerging Markets ex China Active ETF in the fourth quarter valued at about $85,000. Osaic Holdings Inc. acquired a new stake in Matthews Emerging Markets ex China Active ETF during the 2nd quarter valued at approximately $150,000. LPL Financial LLC purchased a new stake in Matthews Emerging Markets ex China Active ETF in the fourth quarter valued at $397,000. Rockefeller Capital Management L.P. grew its holdings in Matthews Emerging Markets ex China Active ETF by 89.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 14,339 shares of the company’s stock worth $537,000 after acquiring an additional 6,769 shares during the period. Finally, OLD Mission Capital LLC grew its stake in shares of Matthews Emerging Markets ex China Active ETF by 19.4% during the 4th quarter. OLD Mission Capital LLC now owns 36,074 shares of the company’s stock worth $1,350,000 after purchasing an additional 5,873 shares during the period.

About Matthews Emerging Markets ex China Active ETF

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.