Matthews Japan Active ETF (NYSEARCA:JPAN) Short Interest Down 90.0% in July

Matthews Japan Active ETF (NYSEARCA:JPAN) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 266 shares, a drop of 90.0% from the June 30th total of 2,659 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,032 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Matthews Japan Active ETF

An institutional investor recently bought a new stake in Matthews Japan Active ETF stock. Jane Street Group LLC acquired a new stake in shares of Matthews Japan Active ETF (NYSEARCA:JPAN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 40,256 shares of the company’s stock, valued at approximately $1,235,000. Jane Street Group LLC owned approximately 25.16% of Matthews Japan Active ETF as of its most recent SEC filing.

Matthews Japan Active ETF Stock Down 0.2%

Shares of JPAN traded down $0.07 during midday trading on Friday, hitting $40.88. The company had a trading volume of 757 shares, compared to its average volume of 1,704. The company’s 50 day moving average price is $41.81 and its 200 day moving average price is $39.72. The stock has a market cap of $8.18 million, a price-to-earnings ratio of 17.96 and a beta of 0.80. Matthews Japan Active ETF has a 52 week low of $33.54 and a 52 week high of $43.84.

About Matthews Japan Active ETF

The Matthews Japan Active ETF (JPAN) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Japanese companies capable of sustainable growth based on fundamentals while considering ESG. The fund follows an all-cap approach while implementing a high-conviction growth strategy. JPAN was launched on Sep 22, 2023 and is issued by Matthews.