Short Interest in Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Rises By 415.0%

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 309 shares, an increase of 415.0% from the August 15th total of 60 shares. Based on an average trading volume of 6,143 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Matthews Pacific Tiger Active ETF

An institutional investor recently raised its stake in Matthews Pacific Tiger Active ETF stock. Cahill Financial Advisors Inc. lifted its position in shares of Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) by 0.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 123,257 shares of the company’s stock after acquiring an additional 630 shares during the period. Cahill Financial Advisors Inc. owned approximately 9.48% of Matthews Pacific Tiger Active ETF worth $5,579,000 as of its most recent filing with the Securities and Exchange Commission. 34.74% of the stock is currently owned by hedge funds and other institutional investors.

Matthews Pacific Tiger Active ETF Trading Up 1.3%

Shares of ASIA traded up $0.52 during mid-day trading on Friday, reaching $41.56. The company’s stock had a trading volume of 453 shares, compared to its average volume of 4,253. Matthews Pacific Tiger Active ETF has a 1-year low of $32.09 and a 1-year high of $47.47. The business has a 50-day simple moving average of $41.19 and a two-hundred day simple moving average of $40.56. The stock has a market cap of $54.03 million, a P/E ratio of -12.36 and a beta of 0.90.

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.