Matthews China Active ETF (NYSEARCA:MCH) Short Interest Up 94.3% in August

Matthews China Active ETF (NYSEARCA:MCH) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 474 shares, a growth of 94.3% from the July 30th total of 244 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,329 shares, the short-interest ratio is currently 0.4 days.

Matthews China Active ETF Price Performance

NYSEARCA MCH traded down $0.24 during trading on Monday, reaching $28.31. The company’s stock had a trading volume of 658 shares, compared to its average volume of 3,244. The stock has a market capitalization of $22.65 million, a PE ratio of 12.47 and a beta of 0.76. The firm has a fifty day moving average of $28.28 and a 200 day moving average of $28.24. Matthews China Active ETF has a one year low of $25.77 and a one year high of $30.97.

Institutional Investors Weigh In On Matthews China Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC purchased a new position in Matthews China Active ETF in the 3rd quarter worth approximately $265,000. Kestra Advisory Services LLC raised its position in shares of Matthews China Active ETF by 13.8% during the 4th quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock valued at $470,000 after buying an additional 2,028 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Matthews China Active ETF by 69.5% during the first quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock valued at $487,000 after purchasing an additional 8,201 shares in the last quarter. Jane Street Group LLC raised its position in Matthews China Active ETF by 37.8% during the first quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after purchasing an additional 9,686 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC lifted its stake in Matthews China Active ETF by 1.3% during the first quarter. Merkkuri Wealth Advisors LLC now owns 71,289 shares of the company’s stock worth $1,877,000 after purchasing an additional 900 shares during the last quarter.

About Matthews China Active ETF

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.