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

Matthews China Active ETF (NYSEARCA:MCH) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 268 shares, a decrease of 65.9% from the June 30th total of 787 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 784 shares, the short-interest ratio is currently 0.3 days.

Matthews China Active ETF Stock Down 1.9%

Matthews China Active ETF stock traded down $0.52 during mid-day trading on Tuesday, reaching $27.39. 1,727 shares of the company’s stock were exchanged, compared to its average volume of 3,590. The firm has a market capitalization of $21.91 million, a PE ratio of 12.47 and a beta of 0.76. The business’s fifty day simple moving average is $28.62 and its 200 day simple moving average is $28.43. Matthews China Active ETF has a one year low of $25.29 and a one year high of $30.97.

Hedge Funds Weigh In On Matthews China Active ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Welch Financial Planning LLC bought a new position in shares of Matthews China Active ETF during the 4th quarter valued at approximately $2,254,000. Summit Place Financial Advisors LLC grew its holdings 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 purchasing an additional 1,150 shares during the period. Merkkuri Wealth Advisors LLC increased its position in Matthews China Active ETF by 1.3% in the first quarter. Merkkuri Wealth Advisors LLC now owns 71,289 shares of the company’s stock worth $1,877,000 after buying an additional 900 shares during the last quarter. Goldman Sachs Group Inc. increased its position in 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 worth $487,000 after buying an additional 8,201 shares during the last quarter. Finally, Jane Street Group LLC raised its stake 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 buying an additional 9,686 shares during the period.

About Matthews China Active ETF

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.