Short Interest in Matthews China Active ETF (NYSEARCA:MCH) Rises By 316.5%

Matthews China Active ETF (NYSEARCA:MCH) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 858 shares, an increase of 316.5% from the April 30th total of 206 shares. Based on an average trading volume of 4,142 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Matthews China Active ETF Trading Up 0.7%

MCH stock opened at $29.01 on Friday. The stock has a 50-day moving average price of $27.91 and a two-hundred day moving average price of $28.53. Matthews China Active ETF has a 12-month low of $22.94 and a 12-month high of $30.97. The company has a market cap of $23.21 million, a PE ratio of 12.47 and a beta of 0.77.

Institutional Investors Weigh In On Matthews China Active ETF

A number of institutional investors have recently added to or reduced their stakes in the company. OLD Mission Capital LLC grew its position in Matthews China Active ETF by 131.9% during the fourth quarter. OLD Mission Capital LLC now owns 89,925 shares of the company’s stock valued at $2,536,000 after acquiring an additional 51,146 shares during the period. Welch Financial Planning LLC purchased a new stake in Matthews China Active ETF during the fourth quarter valued at about $2,254,000. Merkkuri Wealth Advisors LLC grew its position in Matthews China Active ETF by 1.3% during the first quarter. Merkkuri Wealth Advisors LLC now owns 71,289 shares of the company’s stock valued at $1,877,000 after acquiring an additional 900 shares during the period. Summit Place Financial Advisors LLC grew its position in Matthews China Active ETF by 1.9% during the fourth quarter. Summit Place Financial Advisors LLC now owns 62,920 shares of the company’s stock valued at $1,775,000 after acquiring an additional 1,150 shares during the period. Finally, Jane Street Group LLC grew its position in Matthews China Active ETF by 37.8% during the first quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after acquiring an additional 9,686 shares during the period.

Matthews China Active ETF Company Profile

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.