Matthews China Discovery Active ETF (NASDAQ:MCHS) Short Interest Update

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 33,228 shares, a growth of 76.8% from the June 30th total of 18,794 shares. Based on an average daily trading volume, of 23,739 shares, the days-to-cover ratio is currently 1.4 days. Currently, 6.6% of the shares of the company are sold short.

Matthews China Discovery Active ETF Stock Performance

NASDAQ MCHS opened at $40.06 on Friday. The stock has a 50-day simple moving average of $46.06 and a 200 day simple moving average of $41.48. Matthews China Discovery Active ETF has a twelve month low of $30.44 and a twelve month high of $53.25. The stock has a market capitalization of $20.03 million, a PE ratio of 16.73 and a beta of 0.76.

Matthews China Discovery Active ETF Company Profile

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential. MCHS was launched on Jan 10, 2024 and is issued by Matthews.