Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Down 56.8% in June

Matthews Korea Active ETF (NYSEARCA:MKOR) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 7,012 shares, a decrease of 56.8% from the June 15th total of 16,216 shares. Based on an average daily volume of 19,010 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

Matthews Korea Active ETF Trading Down 1.7%

Shares of Matthews Korea Active ETF stock traded down $1.03 during midday trading on Wednesday, reaching $58.99. The company had a trading volume of 61,023 shares, compared to its average volume of 25,367. The stock has a fifty day simple moving average of $63.76 and a 200 day simple moving average of $51.85. Matthews Korea Active ETF has a 1-year low of $26.78 and a 1-year high of $72.96. The company has a market capitalization of $135.68 million, a price-to-earnings ratio of 11.30 and a beta of 1.56.

Institutional Investors Weigh In On Matthews Korea Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Western Wealth Management LLC acquired a new stake in Matthews Korea Active ETF in the first quarter worth about $84,000. Advisory Services Network LLC bought a new position in Matthews Korea Active ETF in the third quarter valued at approximately $91,000. Jane Street Group LLC acquired a new stake in Matthews Korea Active ETF during the 2nd quarter worth $388,000. OLD Mission Capital LLC grew its holdings in Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after acquiring an additional 728 shares during the period. Finally, Susquehanna International Group LLP raised its position in shares of Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock valued at $2,271,000 after acquiring an additional 55,323 shares during the last quarter.

About Matthews Korea Active ETF

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.