Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Up 76.2% in April

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 12,752 shares, a growth of 76.2% from the April 15th total of 7,238 shares. Based on an average trading volume of 19,146 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Geneos Wealth Management Inc. raised its position in Matthews Asia Innovators Active ETF by 1.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 79,478 shares of the company’s stock worth $3,023,000 after purchasing an additional 1,450 shares during the last quarter. OLD Mission Capital LLC bought a new position in Matthews Asia Innovators Active ETF during the 4th quarter worth $936,000. Quantify Chaos Advisors LLC bought a new position in Matthews Asia Innovators Active ETF during the 4th quarter worth $314,000. Jane Street Group LLC bought a new position in Matthews Asia Innovators Active ETF during the 4th quarter worth $305,000. Finally, Sankala Group LLC bought a new position in Matthews Asia Innovators Active ETF during the 4th quarter worth $96,000.

Matthews Asia Innovators Active ETF Stock Performance

Shares of MINV opened at $49.58 on Wednesday. Matthews Asia Innovators Active ETF has a 52 week low of $28.95 and a 52 week high of $54.50. The stock has a market capitalization of $153.70 million, a price-to-earnings ratio of 20.71 and a beta of 1.05. The stock has a fifty day moving average of $43.51 and a 200-day moving average of $39.36.

About Matthews Asia Innovators Active ETF

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.