Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Update

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 9,032 shares, a drop of 81.2% from the March 15th total of 48,043 shares. Based on an average trading volume of 7,768 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the company’s shares are short sold.

Matthews Asia Innovators Active ETF Stock Up 1.8%

MINV stock traded up $0.75 during midday trading on Monday, reaching $42.78. The company’s stock had a trading volume of 3,636 shares, compared to its average volume of 17,083. Matthews Asia Innovators Active ETF has a 52 week low of $25.49 and a 52 week high of $42.82. The stock has a market cap of $132.62 million, a PE ratio of 20.71 and a beta of 0.85. The business’s 50-day simple moving average is $39.25 and its 200-day simple moving average is $37.51.

Institutional Investors Weigh In On Matthews Asia Innovators Active ETF

Several hedge funds have recently bought and sold shares of MINV. Geneos Wealth Management Inc. acquired a new stake in Matthews Asia Innovators Active ETF in the second quarter worth $2,379,000. OLD Mission Capital LLC acquired a new stake in Matthews Asia Innovators Active ETF in the fourth quarter worth $936,000. Altfest L J & Co. Inc. raised its holdings in Matthews Asia Innovators Active ETF by 1.1% in the third quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock worth $35,814,000 after purchasing an additional 10,222 shares during the period. Quantify Chaos Advisors LLC acquired a new stake in Matthews Asia Innovators Active ETF in the fourth quarter worth $314,000. Finally, Jane Street Group LLC acquired a new stake in Matthews Asia Innovators Active ETF in the fourth quarter worth $305,000.

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.