Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Up 108.6% in December

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,936 shares, a growth of 108.6% from the December 15th total of 1,887 shares. Based on an average daily trading volume, of 5,597 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 5,597 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Matthews Asia Innovators Active ETF

Large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. acquired a new stake in shares of Matthews Asia Innovators Active ETF in the second quarter valued at about $2,379,000. Altfest L J & Co. Inc. boosted its holdings in Matthews Asia Innovators Active ETF by 1.1% in the third quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock worth $35,814,000 after purchasing an additional 10,222 shares during the period. Ameritas Advisory Services LLC bought a new position in Matthews Asia Innovators Active ETF in the second quarter worth about $119,000. Advisory Services Network LLC bought a new position in Matthews Asia Innovators Active ETF during the 3rd quarter worth $100,000. Finally, Harbour Investments Inc. grew its position in shares of Matthews Asia Innovators Active ETF by 9.0% during the second quarter. Harbour Investments Inc. now owns 5,391 shares of the company’s stock worth $168,000 after acquiring an additional 445 shares during the last quarter.

Matthews Asia Innovators Active ETF Trading Down 0.5%

Shares of Matthews Asia Innovators Active ETF stock traded down $0.20 on Friday, reaching $37.98. 40,905 shares of the stock were exchanged, compared to its average volume of 16,473. The firm has a market capitalization of $87.35 million, a PE ratio of 20.71 and a beta of 0.84. The business has a fifty day moving average price of $35.83 and a two-hundred day moving average price of $35.11. Matthews Asia Innovators Active ETF has a 1-year low of $24.18 and a 1-year high of $39.00.

About Matthews Asia Innovators Active ETF

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.