Matthews China Discovery Active ETF (NASDAQ:MCHS) Short Interest Update

Matthews China Discovery Active ETF (NASDAQ:MCHS) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 688 shares, a decrease of 72.1% from the May 31st total of 2,467 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 7,152 shares, the days-to-cover ratio is presently 0.1 days.

Matthews China Discovery Active ETF Price Performance

Matthews China Discovery Active ETF stock traded down $0.45 during trading hours on Friday, reaching $50.57. The company had a trading volume of 4,183 shares, compared to its average volume of 5,435. The company has a 50-day moving average price of $45.64 and a 200 day moving average price of $39.46. The firm has a market cap of $4.05 million, a price-to-earnings ratio of 16.73 and a beta of 0.84. Matthews China Discovery Active ETF has a 12-month low of $28.74 and a 12-month high of $53.25.

About Matthews China Discovery Active ETF

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential. MCHS was launched on Jan 10, 2024 and is issued by Matthews.