Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Short Interest Down 94.3% in June

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 392 shares, a decrease of 94.3% from the May 31st total of 6,853 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,628 shares, the days-to-cover ratio is presently 0.1 days.

Matthews Pacific Tiger Active ETF Price Performance

Shares of NYSEARCA:ASIA traded up $0.73 during midday trading on Thursday, reaching $45.02. 3,645 shares of the company’s stock were exchanged, compared to its average volume of 4,211. The stock has a market cap of $58.53 million, a price-to-earnings ratio of -13.40 and a beta of 0.87. Matthews Pacific Tiger Active ETF has a fifty-two week low of $28.95 and a fifty-two week high of $47.47. The firm’s 50 day simple moving average is $42.76 and its two-hundred day simple moving average is $38.34.

About Matthews Pacific Tiger Active ETF

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.