Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) Short Interest Up 89.4% in June

Matthews Emerging Markets ex China Active ETF (NYSEARCA:MEMX) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,690 shares, a growth of 89.4% from the June 15th total of 1,420 shares. Based on an average daily trading volume, of 2,483 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

Matthews Emerging Markets ex China Active ETF Price Performance

NYSEARCA MEMX opened at $45.02 on Friday. The company has a market cap of $45.02 million, a price-to-earnings ratio of 16.84 and a beta of 0.91. The stock’s fifty day moving average price is $48.10 and its 200 day moving average price is $43.89. Matthews Emerging Markets ex China Active ETF has a 1 year low of $32.53 and a 1 year high of $51.52.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of MEMX. International Assets Investment Management LLC increased its stake in shares of Matthews Emerging Markets ex China Active ETF by 78.7% in the first quarter. International Assets Investment Management LLC now owns 4,068 shares of the company’s stock worth $164,000 after acquiring an additional 1,791 shares during the period. Osaic Holdings Inc. purchased a new position in shares of Matthews Emerging Markets ex China Active ETF during the second quarter worth $150,000. OLD Mission Capital LLC lifted its position in Matthews Emerging Markets ex China Active ETF by 19.4% during the fourth quarter. OLD Mission Capital LLC now owns 36,074 shares of the company’s stock valued at $1,350,000 after purchasing an additional 5,873 shares during the period. Rockefeller Capital Management L.P. lifted its position in Matthews Emerging Markets ex China Active ETF by 89.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 14,339 shares of the company’s stock valued at $537,000 after purchasing an additional 6,769 shares during the period. Finally, LPL Financial LLC purchased a new stake in Matthews Emerging Markets ex China Active ETF in the fourth quarter valued at $397,000.

Matthews Emerging Markets ex China Active ETF Company Profile

The Matthews Emerging Markets Ex China Active ETF (MEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund is an actively managed fund that invests in companies from emerging markets, excluding China, considered to have sustainable growth potential. MEMX was launched on Jan 11, 2023 and is managed by Matthews.