Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Down 91.2% in July

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 2,886 shares, a decrease of 91.2% from the June 30th total of 32,825 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 11,408 shares, the days-to-cover ratio is presently 0.3 days.

Matthews Asia Innovators Active ETF Price Performance

Shares of MINV traded down $0.59 during mid-day trading on Friday, reaching $48.16. The company’s stock had a trading volume of 5,269 shares, compared to its average volume of 16,125. Matthews Asia Innovators Active ETF has a 12-month low of $31.91 and a 12-month high of $61.03. The stock has a market cap of $158.93 million, a PE ratio of 20.71 and a beta of 1.10. The company’s 50 day moving average is $53.50 and its 200 day moving average is $45.38.

Hedge Funds Weigh In On Matthews Asia Innovators Active ETF

Several hedge funds have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC acquired a new stake in Matthews Asia Innovators Active ETF during the fourth quarter worth approximately $936,000. Quantify Chaos Advisors LLC acquired a new position in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at $314,000. Jane Street Group LLC acquired a new position in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at $305,000. Sankala Group LLC purchased a new position in shares of Matthews Asia Innovators Active ETF in the 4th quarter valued at $96,000. Finally, Advisory Services Network LLC purchased a new position in shares of Matthews Asia Innovators Active ETF in the 3rd quarter valued at $100,000.

About Matthews Asia Innovators Active ETF

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.