Matthews Emerging Markets Sustainable Future Active ETF (NYSEARCA:EMSF) Sees Large Increase in Short Interest

Matthews Emerging Markets Sustainable Future Active ETF (NYSEARCA:EMSF) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 20,699 shares, an increase of 171.1% from the September 15th total of 7,635 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average trading volume of 3,291 shares, the days-to-cover ratio is presently 6.3 days.

Matthews Emerging Markets Sustainable Future Active ETF Price Performance

Shares of NYSEARCA EMSF traded down $0.43 during mid-day trading on Tuesday, hitting $38.59. The company had a trading volume of 1,036 shares, compared to its average volume of 4,338. Matthews Emerging Markets Sustainable Future Active ETF has a 1-year low of $26.75 and a 1-year high of $48.05. The business’s 50-day simple moving average is $39.40 and its 200 day simple moving average is $38.56. The company has a market capitalization of $45.15 million, a PE ratio of -551.29 and a beta of 1.01.

Hedge Funds Weigh In On Matthews Emerging Markets Sustainable Future Active ETF

A number of institutional investors have recently modified their holdings of the business. Sankala Group LLC purchased a new position in shares of Matthews Emerging Markets Sustainable Future Active ETF in the 4th quarter valued at approximately $136,000. PFG Investments LLC grew its holdings in Matthews Emerging Markets Sustainable Future Active ETF by 59.7% during the 1st quarter. PFG Investments LLC now owns 25,168 shares of the company’s stock valued at $782,000 after buying an additional 9,412 shares during the last quarter. Finally, First Pacific Financial increased its position in Matthews Emerging Markets Sustainable Future Active ETF by 25.4% during the 1st quarter. First Pacific Financial now owns 602,098 shares of the company’s stock worth $18,705,000 after purchasing an additional 121,863 shares in the last quarter.

About Matthews Emerging Markets Sustainable Future Active ETF

The Matthews Emerging Markets Sustainable Future Active ETF (EMSF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of emerging market companies fundamentally screened for sustainable growth. The fund also uses ESG criteria to identify companies better positioned to contribute to environmental and social sustainability. EMSF was launched on Sep 22, 2023 and is issued by Matthews.