Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Short Interest Update

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 309 shares, a growth of 415.0% from the August 15th total of 60 shares. Based on an average daily volume of 6,143 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Matthews Pacific Tiger Active ETF stock. Cahill Financial Advisors Inc. increased its position in Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) by 0.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,257 shares of the company’s stock after buying an additional 630 shares during the period. Cahill Financial Advisors Inc. owned 9.48% of Matthews Pacific Tiger Active ETF worth $5,579,000 at the end of the most recent reporting period. Institutional investors own 34.74% of the company’s stock.

Matthews Pacific Tiger Active ETF Stock Performance

Shares of NYSEARCA:ASIA traded up $0.47 during mid-day trading on Friday, reaching $41.51. 479 shares of the company’s stock were exchanged, compared to its average volume of 4,254. Matthews Pacific Tiger Active ETF has a twelve month low of $32.09 and a twelve month high of $47.47. The firm has a market capitalization of $53.96 million, a price-to-earnings ratio of -12.35 and a beta of 0.90. The business’s fifty day moving average price is $41.17 and its 200-day moving average price is $40.57.

Matthews Pacific Tiger Active ETF Company Profile

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.