Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Update

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 3,069 shares, a decrease of 88.6% from the February 12th total of 26,953 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 62,362 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 62,362 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Matthews Asia Innovators Active ETF Stock Up 1.0%

Shares of NYSEARCA MINV traded up $0.39 during midday trading on Tuesday, hitting $39.28. The stock had a trading volume of 4,522 shares, compared to its average volume of 22,050. The company has a market capitalization of $98.20 million, a price-to-earnings ratio of 20.71 and a beta of 0.84. Matthews Asia Innovators Active ETF has a 1-year low of $24.18 and a 1-year high of $41.93. The company has a fifty day moving average price of $38.48 and a 200 day moving average price of $36.87.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MINV. Geneos Wealth Management Inc. acquired a new position in Matthews Asia Innovators Active ETF during the second quarter valued at approximately $2,379,000. OLD Mission Capital LLC acquired a new stake in shares of Matthews Asia Innovators Active ETF in the fourth quarter worth $936,000. Jane Street Group LLC acquired a new stake in shares of Matthews Asia Innovators Active ETF in the fourth quarter worth $305,000. Advisory Services Network LLC purchased a new position in shares of Matthews Asia Innovators Active ETF in the 3rd quarter valued at $100,000. Finally, Sankala Group LLC purchased a new position in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at $96,000.

About Matthews Asia Innovators Active ETF

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.