Short Interest in Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Increases By 281.0%

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 32,825 shares, an increase of 281.0% from the June 15th total of 8,616 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average trading volume of 14,081 shares, the short-interest ratio is currently 2.3 days.

Institutional Trading of Matthews Asia Innovators Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MINV. Advisory Services Network LLC bought a new position in shares of Matthews Asia Innovators Active ETF in the third quarter valued at about $100,000. Sankala Group LLC bought a new stake in Matthews Asia Innovators Active ETF during the 4th quarter worth about $96,000. Jane Street Group LLC bought a new stake in Matthews Asia Innovators Active ETF during the 4th quarter worth about $305,000. Quantify Chaos Advisors LLC acquired a new stake in Matthews Asia Innovators Active ETF in the 4th quarter valued at about $314,000. Finally, OLD Mission Capital LLC acquired a new stake in Matthews Asia Innovators Active ETF in the 4th quarter valued at about $936,000.

Matthews Asia Innovators Active ETF Stock Up 0.4%

MINV traded up $0.22 during trading on Tuesday, hitting $50.93. The company’s stock had a trading volume of 3,600 shares, compared to its average volume of 16,755. The firm’s 50 day moving average price is $53.87 and its two-hundred day moving average price is $44.58. Matthews Asia Innovators Active ETF has a 12 month low of $31.00 and a 12 month high of $61.03. The stock has a market capitalization of $168.07 million, a price-to-earnings ratio of 20.71 and a beta of 1.10.

Matthews Asia Innovators Active ETF Company Profile

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.