Short Interest in Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Increases By 89.4%

Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 2,690 shares, an increase of 89.4% from the June 15th total of 1,420 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,483 shares, the days-to-cover ratio is currently 1.1 days.

Matthews Emerging Markets ex China Active ETF Stock Performance

NYSEARCA MEMX traded down $1.03 during trading on Thursday, hitting $45.47. The stock had a trading volume of 1,045 shares, compared to its average volume of 4,239. The company has a market capitalization of $45.47 million, a PE ratio of 16.84 and a beta of 0.91. The company’s 50-day moving average price is $48.19 and its two-hundred day moving average price is $43.83. Matthews Emerging Markets ex China Active ETF has a 12 month low of $32.53 and a 12 month high of $51.52.

Institutional Trading of Matthews Emerging Markets ex China Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in Matthews Emerging Markets ex China Active ETF by 78.7% in the 1st quarter. International Assets Investment Management LLC now owns 4,068 shares of the company’s stock valued at $164,000 after buying an additional 1,791 shares during the last quarter. Osaic Holdings Inc. acquired a new position in shares of Matthews Emerging Markets ex China Active ETF during the 2nd quarter worth about $150,000. OLD Mission Capital LLC grew its holdings in shares of Matthews Emerging Markets ex China Active ETF by 19.4% in the 4th quarter. OLD Mission Capital LLC now owns 36,074 shares of the company’s stock valued at $1,350,000 after acquiring an additional 5,873 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Matthews Emerging Markets ex China Active ETF by 89.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 14,339 shares of the company’s stock valued at $537,000 after acquiring an additional 6,769 shares in the last quarter. Finally, LPL Financial LLC bought a new position in shares of Matthews Emerging Markets ex China Active ETF in the 4th quarter valued at about $397,000.

About Matthews Emerging Markets ex China Active ETF

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.