Matthews India Active ETF (NYSEARCA:INDE) Short Interest Update

Matthews India Active ETF (NYSEARCA:INDE) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 187 shares, an increase of 171.0% from the November 30th total of 69 shares. Based on an average daily trading volume, of 542 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 542 shares, the short-interest ratio is presently 0.3 days.

Matthews India Active ETF Trading Down 0.4%

Shares of Matthews India Active ETF stock traded down $0.12 on Friday, hitting $29.99. 89 shares of the company traded hands, compared to its average volume of 1,902. Matthews India Active ETF has a 12-month low of $25.72 and a 12-month high of $31.44. The company has a market cap of $9.00 million, a P/E ratio of 32.13 and a beta of 0.07. The firm’s 50-day simple moving average is $30.67 and its 200 day simple moving average is $30.11.

Institutional Investors Weigh In On Matthews India Active ETF

A number of large investors have recently added to or reduced their stakes in the company. Freedom Financial Partners LLC bought a new stake in Matthews India Active ETF during the 2nd quarter valued at approximately $229,000. Susquehanna International Group LLP bought a new position in Matthews India Active ETF during the 3rd quarter valued at approximately $290,000. Navis Wealth Advisors LLC raised its stake in Matthews India Active ETF by 65.6% during the second quarter. Navis Wealth Advisors LLC now owns 13,976 shares of the company’s stock valued at $422,000 after buying an additional 5,536 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its holdings in Matthews India Active ETF by 29.8% in the first quarter. OLD Mission Capital LLC now owns 114,960 shares of the company’s stock worth $3,176,000 after acquiring an additional 26,423 shares in the last quarter.

About Matthews India Active ETF

The Matthews India Active ETF (INDE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Indian companies capable of sustainable growth based on fundamentals. The fund follows an all-cap strategy while implementing a fundamental bottom-up approach. INDE was launched on Sep 22, 2023 and is issued by Matthews.