Short Interest in Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Expands By 2,411.9%

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 26,953 shares, an increase of 2,411.9% from the January 29th total of 1,073 shares. Based on an average daily trading volume, of 6,528 shares, the short-interest ratio is presently 4.1 days. Approximately 1.1% of the shares of the stock are short sold. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,528 shares, the short-interest ratio is presently 4.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MINV. Geneos Wealth Management Inc. acquired a new stake in Matthews Asia Innovators Active ETF during the 2nd quarter worth $2,379,000. OLD Mission Capital LLC purchased a new position in shares of Matthews Asia Innovators Active ETF in the fourth quarter worth about $936,000. Altfest L J & Co. Inc. boosted its position in Matthews Asia Innovators Active ETF by 1.1% during the third quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock worth $35,814,000 after acquiring an additional 10,222 shares during the last quarter. Quantify Chaos Advisors LLC purchased a new stake in Matthews Asia Innovators Active ETF during the 4th quarter valued at about $314,000. Finally, Jane Street Group LLC purchased a new stake in Matthews Asia Innovators Active ETF during the 4th quarter valued at about $305,000.

Matthews Asia Innovators Active ETF Price Performance

Shares of Matthews Asia Innovators Active ETF stock opened at $41.35 on Friday. The stock has a market capitalization of $103.38 million, a P/E ratio of 20.71 and a beta of 0.84. The business has a 50 day simple moving average of $37.82 and a two-hundred day simple moving average of $36.50. Matthews Asia Innovators Active ETF has a 12 month low of $24.18 and a 12 month high of $41.93.

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.