Short Interest in Matthews Japan Active ETF (NYSEARCA:JPAN) Rises By 65.7%

Matthews Japan Active ETF (NYSEARCA:JPAN) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,221 shares, an increase of 65.7% from the April 30th total of 6,771 shares. Based on an average daily trading volume, of 2,010 shares, the short-interest ratio is currently 5.6 days. Approximately 5.6% of the company’s stock are sold short.

Institutional Trading of Matthews Japan Active ETF

A hedge fund recently bought a new stake in Matthews Japan Active ETF stock. Advisory Services Network LLC bought a new stake in Matthews Japan Active ETF (NYSEARCA:JPAN) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,821 shares of the company’s stock, valued at approximately $102,000. Advisory Services Network LLC owned approximately 1.76% of Matthews Japan Active ETF as of its most recent SEC filing.

Matthews Japan Active ETF Price Performance

Shares of NYSEARCA JPAN traded up $0.10 during mid-day trading on Thursday, reaching $42.23. 1,175 shares of the company’s stock traded hands, compared to its average volume of 1,888. The business has a 50-day simple moving average of $39.52 and a 200 day simple moving average of $38.37. The stock has a market cap of $8.45 million, a P/E ratio of 17.96 and a beta of 0.80. Matthews Japan Active ETF has a 1-year low of $32.82 and a 1-year high of $42.29.

About Matthews Japan Active ETF

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.