Matthews China Active ETF (NYSEARCA:MCH) Short Interest Update

Matthews China Active ETF (NYSEARCA:MCH) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 556 shares, a decline of 35.2% from the May 14th total of 858 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,178 shares, the short-interest ratio is currently 0.3 days.

Matthews China Active ETF Trading Up 1.0%

Shares of NYSEARCA MCH traded up $0.31 during trading hours on Wednesday, reaching $29.93. The stock had a trading volume of 12,065 shares, compared to its average volume of 3,889. The firm has a market cap of $23.94 million, a price-to-earnings ratio of 12.47 and a beta of 0.76. The business’s fifty day moving average price is $28.55 and its two-hundred day moving average price is $28.51. Matthews China Active ETF has a 52-week low of $23.73 and a 52-week high of $30.97.

Institutional Trading of Matthews China Active ETF

Large investors have recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new stake in shares of Matthews China Active ETF in the third quarter valued at approximately $265,000. Kestra Advisory Services LLC boosted its holdings in shares of Matthews China Active ETF by 13.8% in the fourth quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock valued at $470,000 after purchasing an additional 2,028 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Matthews China Active ETF by 69.5% in the first quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock valued at $487,000 after purchasing an additional 8,201 shares during the period. Jane Street Group LLC boosted its holdings in shares of Matthews China Active ETF by 37.8% in the first quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after purchasing an additional 9,686 shares during the period. Finally, Summit Place Financial Advisors LLC boosted its holdings in shares of Matthews China Active ETF by 1.9% in the fourth quarter. Summit Place Financial Advisors LLC now owns 62,920 shares of the company’s stock valued at $1,775,000 after purchasing an additional 1,150 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.