Matthews Japan Active ETF (NYSEARCA:JPAN) Short Interest Up 93.4% in August

Matthews Japan Active ETF (NYSEARCA:JPAN) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 7,125 shares, an increase of 93.4% from the August 15th total of 3,684 shares. Approximately 3.6% of the company’s shares are sold short. Based on an average daily trading volume, of 2,558 shares, the short-interest ratio is presently 2.8 days.

Matthews Japan Active ETF Trading Down 0.7%

JPAN stock traded down $0.28 during mid-day trading on Tuesday, reaching $42.58. 1,911 shares of the stock traded hands, compared to its average volume of 1,680. Matthews Japan Active ETF has a 52-week low of $35.13 and a 52-week high of $44.33. The stock’s fifty day moving average is $42.42 and its 200-day moving average is $40.75. The company has a market cap of $8.52 million, a P/E ratio of 17.96 and a beta of 0.81.

Matthews Japan Active ETF Company Profile

The Matthews Japan Active ETF (JPAN) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Japanese companies capable of sustainable growth based on fundamentals while considering ESG. The fund follows an all-cap approach while implementing a high-conviction growth strategy. JPAN was launched on Sep 22, 2023 and is issued by Matthews.