Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Short Interest Update

Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,640 shares, a growth of 83.2% from the July 15th total of 2,533 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 2,984 shares, the days-to-cover ratio is presently 1.6 days.

Hedge Funds Weigh In On Matthews Emerging Markets ex China Active ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of MEMX. International Assets Investment Management LLC purchased a new position in Matthews Emerging Markets ex China Active ETF during the fourth quarter worth about $85,000. Osaic Holdings Inc. purchased a new stake in Matthews Emerging Markets ex China Active ETF in the 2nd quarter valued at approximately $150,000. LPL Financial LLC purchased a new stake in Matthews Emerging Markets ex China Active ETF in the 4th quarter valued at approximately $397,000. Rockefeller Capital Management L.P. increased its position in Matthews Emerging Markets ex China Active ETF by 89.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 14,339 shares of the company’s stock worth $537,000 after purchasing an additional 6,769 shares during the period. Finally, OLD Mission Capital LLC increased its position in Matthews Emerging Markets ex China Active ETF by 19.4% during the 4th quarter. OLD Mission Capital LLC now owns 36,074 shares of the company’s stock worth $1,350,000 after purchasing an additional 5,873 shares during the period.

Matthews Emerging Markets ex China Active ETF Price Performance

Matthews Emerging Markets ex China Active ETF stock remained flat at $48.38 during trading hours on Tuesday. The company’s stock had a trading volume of 1,121 shares, compared to its average volume of 4,199. The firm’s 50-day moving average price is $47.40 and its 200 day moving average price is $44.95. Matthews Emerging Markets ex China Active ETF has a twelve month low of $32.64 and a twelve month high of $51.52. The firm has a market capitalization of $53.22 million, a PE ratio of 16.84 and a beta of 0.94.

About Matthews Emerging Markets ex China Active ETF

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.