Short Interest in Matthews China Discovery Active ETF (NASDAQ:MCHS) Drops By 88.2%

Matthews China Discovery Active ETF (NASDAQ:MCHSGet Free Report) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a decrease of 88.2% from the January 31st total of 1,700 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 0.5 days.

Matthews China Discovery Active ETF Stock Down 1.3 %

Shares of NASDAQ:MCHS traded down $0.37 on Friday, reaching $27.80. 486 shares of the company’s stock were exchanged, compared to its average volume of 574. The firm has a market capitalization of $2.78 million, a price-to-earnings ratio of 14.96 and a beta of 0.71. Matthews China Discovery Active ETF has a fifty-two week low of $22.97 and a fifty-two week high of $32.98. The business’s 50-day moving average is $26.25 and its two-hundred day moving average is $26.29.

Matthews China Discovery Active ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $1.4055 per share. The ex-dividend date was Wednesday, December 18th. This represents a dividend yield of 5.52%.

Institutional Trading of Matthews China Discovery Active ETF

A hedge fund recently raised its stake in Matthews China Discovery Active ETF stock. Susquehanna International Group LLP increased its position in Matthews China Discovery Active ETF (NASDAQ:MCHSFree Report) by 56.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,476 shares of the company’s stock after acquiring an additional 21,780 shares during the period. Susquehanna International Group LLP owned approximately 60.48% of Matthews China Discovery Active ETF worth $1,551,000 at the end of the most recent reporting period.

Matthews China Discovery Active ETF Company Profile

(Get Free Report)

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential.

Recommended Stories

Receive News & Ratings for Matthews China Discovery Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matthews China Discovery Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.