Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Up 416.7% in July

Matthews Korea Active ETF (NYSEARCA:MKOR) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 36,234 shares, a growth of 416.7% from the June 30th total of 7,012 shares. Based on an average daily volume of 27,181 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.6% of the shares of the company are short sold.

Matthews Korea Active ETF Trading Down 4.2%

Matthews Korea Active ETF stock traded down $2.45 during mid-day trading on Friday, reaching $56.32. The company’s stock had a trading volume of 10,649 shares, compared to its average volume of 24,690. The firm has a market cap of $129.54 million, a price-to-earnings ratio of 11.30 and a beta of 1.56. The business has a 50 day moving average price of $63.01 and a 200-day moving average price of $52.83. Matthews Korea Active ETF has a twelve month low of $26.78 and a twelve month high of $72.96.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MKOR. Susquehanna International Group LLP boosted its holdings in shares of Matthews Korea Active ETF by 278.3% in the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock valued at $2,271,000 after buying an additional 55,323 shares during the period. OLD Mission Capital LLC raised its stake in Matthews Korea Active ETF by 2.3% during the fourth quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after acquiring an additional 728 shares during the period. Jane Street Group LLC raised its stake in Matthews Korea Active ETF by 45.5% during the fourth quarter. Jane Street Group LLC now owns 26,332 shares of the company’s stock worth $906,000 after acquiring an additional 8,235 shares during the period. Advisory Services Network LLC acquired a new stake in Matthews Korea Active ETF during the third quarter worth about $91,000. Finally, Western Wealth Management LLC bought a new position in Matthews Korea Active ETF in the first quarter worth about $84,000.

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.