Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Update

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,887 shares, a decrease of 89.4% from the November 30th total of 17,775 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 6,496 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 6,496 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Matthews Asia Innovators Active ETF Trading Up 0.4%

Matthews Asia Innovators Active ETF stock traded up $0.13 during mid-day trading on Friday, reaching $35.31. The company had a trading volume of 1,507 shares, compared to its average volume of 9,855. The business has a fifty day simple moving average of $35.87 and a 200 day simple moving average of $34.47. The company has a market cap of $77.68 million, a P/E ratio of 20.71 and a beta of 0.84. Matthews Asia Innovators Active ETF has a fifty-two week low of $24.18 and a fifty-two week high of $38.56.

Institutional Investors Weigh In On Matthews Asia Innovators Active ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. bought a new position in Matthews Asia Innovators Active ETF in the second quarter valued at about $2,379,000. Harbour Investments Inc. grew its holdings in shares of Matthews Asia Innovators Active ETF by 9.0% during the second quarter. Harbour Investments Inc. now owns 5,391 shares of the company’s stock worth $168,000 after purchasing an additional 445 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Matthews Asia Innovators Active ETF in the second quarter valued at approximately $119,000. OLD Mission Capital LLC raised its holdings in Matthews Asia Innovators Active ETF by 198.6% in the 1st quarter. OLD Mission Capital LLC now owns 188,402 shares of the company’s stock valued at $5,271,000 after buying an additional 125,297 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in Matthews Asia Innovators Active ETF in the 3rd quarter valued at approximately $100,000.

Matthews Asia Innovators Active ETF Company Profile

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.