Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Short Interest Up 314.6% in May

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,082 shares, a growth of 314.6% from the April 30th total of 261 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 6,310 shares, the short-interest ratio is currently 0.2 days.

Matthews Pacific Tiger Active ETF Stock Performance

Shares of ASIA opened at $44.91 on Friday. Matthews Pacific Tiger Active ETF has a 52 week low of $27.42 and a 52 week high of $45.27. The firm has a market capitalization of $58.38 million, a P/E ratio of -13.37 and a beta of 0.82. The company has a 50-day simple moving average of $39.13 and a 200-day simple moving average of $36.76.

About Matthews Pacific Tiger Active ETF

The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.