Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Stock Short Interest Report for October

Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 6,794 shares, an increase of 459.2% from the October 15th total of 1,215 shares. Based on an average trading volume of 2,450 shares, the short-interest ratio is currently 2.8 days. Approximately 0.6% of the company’s stock are sold short.

Matthews Emerging Markets ex China Active ETF Trading Down 1.2%

MEMX stock traded down $0.52 during midday trading on Thursday, hitting $42.59. The company’s stock had a trading volume of 3,553 shares, compared to its average volume of 3,754. The firm’s 50-day moving average is $46.21 and its 200-day moving average is $45.40. Matthews Emerging Markets ex China Active ETF has a 12 month low of $35.34 and a 12 month high of $51.52. The company has a market cap of $51.11 million, a PE ratio of 12.81 and a beta of 0.99.

Institutional Trading of Matthews Emerging Markets ex China Active ETF

Large investors have recently added to or reduced their stakes in the business. Matthews International Capital Management LLC purchased a new stake in Matthews Emerging Markets ex China Active ETF in the 3rd quarter worth approximately $5,594,000. Chicago Partners Investment Group LLC purchased a new position in Matthews Emerging Markets ex China Active ETF during the third quarter valued at approximately $1,050,000. Ameritas Advisory Services LLC lifted its holdings in Matthews Emerging Markets ex China Active ETF by 107.8% during the second quarter. Ameritas Advisory Services LLC now owns 16,803 shares of the company’s stock valued at $839,000 after purchasing an additional 8,715 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Matthews Emerging Markets ex China Active ETF by 19.3% in the second quarter. Envestnet Asset Management Inc. now owns 9,148 shares of the company’s stock worth $457,000 after purchasing an additional 1,480 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of Matthews Emerging Markets ex China Active ETF by 78.7% in the first quarter. International Assets Investment Management LLC now owns 4,068 shares of the company’s stock worth $164,000 after purchasing an additional 1,791 shares during the period.

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.