Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) Short Interest Down 39.7% in February

Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 565 shares, a decline of 39.7% from the February 12th total of 937 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 571 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 571 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Matthews Emerging Markets Discovery Active ETF

Several institutional investors have recently added to or reduced their stakes in the business. Cahill Financial Advisors Inc. boosted its position in Matthews Emerging Markets Discovery Active ETF by 2.2% during the fourth quarter. Cahill Financial Advisors Inc. now owns 188,548 shares of the technology company’s stock worth $4,805,000 after purchasing an additional 4,124 shares during the period. Richardson Capital Management LLC raised its position in shares of Matthews Emerging Markets Discovery Active ETF by 4.2% in the fourth quarter. Richardson Capital Management LLC now owns 135,156 shares of the technology company’s stock valued at $3,444,000 after purchasing an additional 5,421 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Matthews Emerging Markets Discovery Active ETF by 143.4% during the 2nd quarter. Jane Street Group LLC now owns 40,923 shares of the technology company’s stock valued at $1,071,000 after buying an additional 24,113 shares in the last quarter. 15.59% of the stock is owned by hedge funds and other institutional investors.

Matthews Emerging Markets Discovery Active ETF Stock Down 1.0%

Matthews Emerging Markets Discovery Active ETF stock traded down $0.26 during trading on Friday, hitting $26.35. The stock had a trading volume of 44 shares, compared to its average volume of 1,007. Matthews Emerging Markets Discovery Active ETF has a 1 year low of $20.69 and a 1 year high of $29.10. The stock’s 50 day moving average is $27.24 and its two-hundred day moving average is $26.77. The stock has a market cap of $18.44 million, a price-to-earnings ratio of -101.33 and a beta of 0.24.

Matthews Emerging Markets Discovery Active ETF Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Investors of record on Wednesday, December 17th were issued a $0.7165 dividend. This is an increase from Matthews Emerging Markets Discovery Active ETF’s previous annual dividend of $0.33. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a yield of 279.0%. Matthews Emerging Markets Discovery Active ETF’s payout ratio is -126.92%.

Matthews Emerging Markets Discovery Active ETF Company Profile

MEMSIC, Inc provides advanced semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS), technology and mixed signal circuit design. The Company operates in two segments: semiconductor sensor products and sensor system solution products. Its semiconductor sensor products, which is based on MEMS technology and advanced, integrated circuit design. Its sensor system solution products, which incorporate sensors with on-board computing, wireless communications and systems and application software solutions.