Short Interest in Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) Declines By 40.3%

Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 632 shares, a decrease of 40.3% from the May 14th total of 1,058 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 634 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Matthews Emerging Markets Discovery Active ETF

Several institutional investors and hedge funds have recently modified their holdings of MEMS. Cahill Financial Advisors Inc. lifted its position in Matthews Emerging Markets Discovery Active ETF by 2.2% during the 4th quarter. Cahill Financial Advisors Inc. now owns 188,548 shares of the technology company’s stock valued at $4,805,000 after acquiring an additional 4,124 shares during the period. Richardson Capital Management LLC increased its stake in Matthews Emerging Markets Discovery Active ETF by 4.2% during the 4th quarter. Richardson Capital Management LLC now owns 135,156 shares of the technology company’s stock valued at $3,444,000 after purchasing an additional 5,421 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Matthews Emerging Markets Discovery Active ETF by 143.4% during the 2nd quarter. Jane Street Group LLC now owns 40,923 shares of the technology company’s stock valued at $1,071,000 after purchasing an additional 24,113 shares in the last quarter. 15.59% of the stock is owned by hedge funds and other institutional investors.

Matthews Emerging Markets Discovery Active ETF Trading Up 2.5%

Shares of NASDAQ:MEMS traded up $0.80 during trading on Tuesday, reaching $32.48. The company had a trading volume of 19 shares, compared to its average volume of 1,228. Matthews Emerging Markets Discovery Active ETF has a 12 month low of $24.64 and a 12 month high of $32.56. The company has a fifty day moving average of $30.46 and a two-hundred day moving average of $28.00. The stock has a market capitalization of $22.74 million, a P/E ratio of -124.92 and a beta of 0.71.

Matthews Emerging Markets Discovery Active ETF Company Profile

MEMSIC, Inc provides advanced semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS), technology and mixed signal circuit design. The Company operates in two segments: semiconductor sensor products and sensor system solution products. Its semiconductor sensor products, which is based on MEMS technology and advanced, integrated circuit design. Its sensor system solution products, which incorporate sensors with on-board computing, wireless communications and systems and application software solutions.