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

Matthews China Active ETF (NYSEARCA:MCH) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 701 shares, a decrease of 19.8% from the February 12th total of 874 shares. Based on an average trading volume of 2,173 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,173 shares, the short-interest ratio is currently 0.3 days.

Matthews China Active ETF Trading Down 0.5%

Shares of NYSEARCA:MCH traded down $0.15 during trading on Tuesday, reaching $27.55. 3,917 shares of the stock were exchanged, compared to its average volume of 4,143. The firm has a market cap of $22.04 million, a PE ratio of 12.47 and a beta of 0.73. Matthews China Active ETF has a 12 month low of $20.06 and a 12 month high of $30.97. The stock has a 50-day moving average price of $28.92 and a 200-day moving average price of $29.10.

Institutional Trading of Matthews China Active ETF

Hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in shares of Matthews China Active ETF by 17.6% in the third quarter. Farther Finance Advisors LLC now owns 2,540 shares of the company’s stock worth $77,000 after purchasing an additional 380 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of Matthews China Active ETF during the third quarter valued at approximately $265,000. PFG Private Wealth Management LLC bought a new position in Matthews China Active ETF in the third quarter worth about $346,000. Kestra Advisory Services LLC raised its position in shares of Matthews China Active ETF by 13.8% in the 4th quarter. Kestra Advisory Services LLC now owns 16,679 shares of the company’s stock worth $470,000 after acquiring an additional 2,028 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake 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 purchasing an additional 8,201 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.