Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Sees Significant Decrease in Short Interest

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 1,073 shares, a decrease of 95.1% from the January 15th total of 21,964 shares. Based on an average daily volume of 11,567 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 11,567 shares, the short-interest ratio is presently 0.1 days.

Matthews Asia Innovators Active ETF Stock Performance

Shares of Matthews Asia Innovators Active ETF stock traded up $0.49 on Wednesday, hitting $39.09. The stock had a trading volume of 2,502 shares, compared to its average volume of 11,112. Matthews Asia Innovators Active ETF has a twelve month low of $24.18 and a twelve month high of $39.04. The firm has a market capitalization of $97.74 million, a P/E ratio of 20.71 and a beta of 0.84. The stock has a 50 day moving average of $36.74 and a 200 day moving average of $35.95.

Institutional Investors Weigh In On Matthews Asia Innovators Active ETF

Large investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new stake in shares of Matthews Asia Innovators Active ETF during the 3rd quarter valued at about $100,000. Harbour Investments Inc. lifted its stake in Matthews Asia Innovators Active ETF by 9.0% in the second quarter. Harbour Investments Inc. now owns 5,391 shares of the company’s stock valued at $168,000 after buying an additional 445 shares during the period. Quantify Chaos Advisors LLC bought a new position in shares of Matthews Asia Innovators Active ETF during the 4th quarter worth approximately $314,000. Geneos Wealth Management Inc. bought a new stake in shares of Matthews Asia Innovators Active ETF in the 2nd quarter valued at $2,379,000. Finally, Altfest L J & Co. Inc. lifted its position in shares of Matthews Asia Innovators Active ETF by 1.1% during the 3rd quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock valued at $35,814,000 after acquiring an additional 10,222 shares during the period.

Matthews Asia Innovators Active ETF Company Profile

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.