Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Down 72.2% in February

Matthews Korea Active ETF (NYSEARCA:MKOR) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 14,902 shares, a drop of 72.2% from the February 12th total of 53,655 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 28,780 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 28,780 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.7% of the company’s shares are short sold.

Matthews Korea Active ETF Price Performance

Shares of Matthews Korea Active ETF stock traded down $2.97 on Thursday, hitting $43.14. 52,637 shares of the company’s stock traded hands, compared to its average volume of 28,449. The firm’s 50-day moving average price is $43.55 and its two-hundred day moving average price is $35.93. The stock has a market capitalization of $90.59 million, a PE ratio of 11.30 and a beta of 1.10. Matthews Korea Active ETF has a one year low of $19.85 and a one year high of $53.15.

Institutional Investors Weigh In On Matthews Korea Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new position in Matthews Korea Active ETF during the third quarter worth $91,000. Jane Street Group LLC acquired a new stake in Matthews Korea Active ETF in the 2nd quarter valued at $388,000. OLD Mission Capital LLC lifted its position in Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after buying an additional 728 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock worth $2,271,000 after buying an additional 55,323 shares in the last quarter.

Matthews Korea Active ETF Company Profile

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.