Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Significant Growth in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 1,799 shares, a growth of 358.9% from the June 15th total of 392 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 3,174 shares, the short-interest ratio is currently 0.6 days.

Matthews Pacific Tiger Active ETF Stock Down 4.0%

NYSEARCA:ASIA opened at $40.97 on Tuesday. The firm’s fifty day simple moving average is $43.74 and its 200-day simple moving average is $39.16. The stock has a market cap of $53.26 million, a PE ratio of -12.19 and a beta of 0.86. Matthews Pacific Tiger Active ETF has a fifty-two week low of $29.34 and a fifty-two week high of $47.47.

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.