Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Sees Significant Decline in Short Interest

Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,215 shares, a decrease of 43.6% from the September 30th total of 2,156 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,947 shares, the short-interest ratio is currently 0.6 days.

Matthews Emerging Markets ex China Active ETF Stock Down 0.2%

NYSEARCA:MEMX traded down $0.08 during trading hours on Monday, reaching $42.59. The company had a trading volume of 1,292 shares, compared to its average volume of 3,774. The firm has a market capitalization of $51.11 million, a PE ratio of 16.84 and a beta of 0.95. Matthews Emerging Markets ex China Active ETF has a one year low of $35.34 and a one year high of $51.52. The stock has a 50-day moving average of $47.26 and a two-hundred day moving average of $45.29.

Institutional Investors Weigh In On Matthews Emerging Markets ex China Active ETF

A number of hedge funds have recently modified their holdings of the business. Chicago Partners Investment Group LLC acquired a new stake in shares of Matthews Emerging Markets ex China Active ETF in the third quarter valued at about $1,050,000. Ameritas Advisory Services LLC boosted its stake in shares of Matthews Emerging Markets ex China Active ETF by 107.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 16,803 shares of the company’s stock worth $839,000 after acquiring an additional 8,715 shares during the period. Rockefeller Capital Management L.P. raised its stake in 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 during the period. International Assets Investment Management LLC grew 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. Finally, Envestnet Asset Management Inc. lifted its position in Matthews Emerging Markets ex China Active ETF by 19.3% during the second quarter. Envestnet Asset Management Inc. now owns 9,148 shares of the company’s stock worth $457,000 after acquiring an additional 1,480 shares during the last quarter.

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.