Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 309 shares, an increase of 415.0% from the August 15th total of 60 shares. Based on an average daily volume of 6,143 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
Matthews Pacific Tiger Active ETF Price Performance
Shares of ASIA stock traded up $0.47 on Friday, hitting $41.51. 479 shares of the company’s stock were exchanged, compared to its average volume of 4,254. Matthews Pacific Tiger Active ETF has a 12 month low of $32.09 and a 12 month high of $47.47. The stock has a market cap of $53.96 million, a P/E ratio of -12.35 and a beta of 0.90. The company has a 50 day moving average of $41.17 and a 200 day moving average of $40.57.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Matthews Pacific Tiger Active ETF stock. Cahill Financial Advisors Inc. grew its stake in Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA – Free Report) by 0.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 123,257 shares of the company’s stock after purchasing an additional 630 shares during the period. Cahill Financial Advisors Inc. owned about 9.48% of Matthews Pacific Tiger Active ETF worth $5,579,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 34.74% of the company’s stock.
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.
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