Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Significant Decline in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 2,001 shares, a decline of 35.5% from the February 12th total of 3,104 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 4,886 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 4,886 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Matthews Pacific Tiger Active ETF Price Performance

Shares of NYSEARCA:ASIA traded up $0.26 on Friday, reaching $35.50. The company’s stock had a trading volume of 3,875 shares, compared to its average volume of 4,742. Matthews Pacific Tiger Active ETF has a 52-week low of $22.70 and a 52-week high of $39.54. The stock has a market capitalization of $46.15 million, a P/E ratio of -10.57 and a beta of 0.51. The stock’s 50-day moving average is $36.93 and its two-hundred day moving average is $34.58.

About Matthews Pacific Tiger Active ETF

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.