Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Update

Matthews Korea Active ETF (NYSEARCA:MKOR) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 36,234 shares, a growth of 416.7% from the June 30th total of 7,012 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average daily volume of 27,181 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in shares of Matthews Korea Active ETF in the second quarter valued at about $388,000. Susquehanna International Group LLP lifted its position in shares of Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock worth $2,271,000 after purchasing an additional 55,323 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Matthews Korea Active ETF during the 3rd quarter worth about $91,000. OLD Mission Capital LLC boosted its stake in Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock valued at $1,123,000 after purchasing an additional 728 shares during the period. Finally, Western Wealth Management LLC bought a new stake in Matthews Korea Active ETF during the 1st quarter valued at approximately $84,000.

Matthews Korea Active ETF Stock Down 4.2%

Shares of NYSEARCA:MKOR traded down $2.45 during trading on Friday, reaching $56.32. The stock had a trading volume of 10,649 shares, compared to its average volume of 24,690. The stock has a fifty day simple moving average of $63.01 and a two-hundred day simple moving average of $52.83. Matthews Korea Active ETF has a 52 week low of $26.78 and a 52 week high of $72.96. The firm has a market capitalization of $129.54 million, a price-to-earnings ratio of 11.30 and a beta of 1.56.

Matthews Korea Active ETF Company Profile

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.