Matthews Japan Active ETF (NYSEARCA:JPAN) Short Interest Up 93.4% in August

Matthews Japan Active ETF (NYSEARCA:JPAN) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 7,125 shares, a growth of 93.4% from the August 15th total of 3,684 shares. Approximately 3.6% of the company’s stock are short sold. Based on an average daily volume of 2,558 shares, the short-interest ratio is currently 2.8 days.

Matthews Japan Active ETF Stock Down 0.7%

Shares of Matthews Japan Active ETF stock traded down $0.28 during midday trading on Tuesday, hitting $42.58. The company’s stock had a trading volume of 1,911 shares, compared to its average volume of 1,680. The firm has a market capitalization of $8.52 million, a P/E ratio of 17.96 and a beta of 0.81. The stock has a 50-day simple moving average of $42.42 and a 200-day simple moving average of $40.75. Matthews Japan Active ETF has a 1-year low of $35.13 and a 1-year high of $44.33.

Matthews Japan Active ETF Company Profile

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.