Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) Short Interest Update

Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 200 shares, a drop of 44.6% from the July 30th total of 361 shares. Based on an average trading volume of 1,698 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Matthews Emerging Markets Discovery Active ETF

Several institutional investors have recently modified their holdings of the stock. Cahill Financial Advisors Inc. boosted its holdings in shares of Matthews Emerging Markets Discovery Active ETF by 2.2% in the 4th quarter. Cahill Financial Advisors Inc. now owns 188,548 shares of the technology company’s stock valued at $4,805,000 after buying an additional 4,124 shares in the last quarter. Pathway Financial Advisors LLC raised its stake in Matthews Emerging Markets Discovery Active ETF by 2.4% during the 2nd quarter. Pathway Financial Advisors LLC now owns 87,942 shares of the technology company’s stock worth $2,775,000 after acquiring an additional 2,059 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Matthews Emerging Markets Discovery Active ETF by 143.4% in the second quarter. Jane Street Group LLC now owns 40,923 shares of the technology company’s stock valued at $1,071,000 after acquiring an additional 24,113 shares during the last quarter. Hedge funds and other institutional investors own 15.59% of the company’s stock.

Matthews Emerging Markets Discovery Active ETF Trading Down 0.7%

MEMS stock traded down $0.22 during trading on Friday, hitting $30.89. 16 shares of the company’s stock were exchanged, compared to its average volume of 1,243. The business has a 50-day moving average price of $30.57 and a two-hundred day moving average price of $29.64. The stock has a market capitalization of $21.62 million, a price-to-earnings ratio of -118.79 and a beta of 0.73. Matthews Emerging Markets Discovery Active ETF has a 52-week low of $24.64 and a 52-week high of $32.56.

Matthews Emerging Markets Discovery Active ETF Company Profile

MEMSIC, Inc provides advanced semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS), technology and mixed signal circuit design. The Company operates in two segments: semiconductor sensor products and sensor system solution products. Its semiconductor sensor products, which is based on MEMS technology and advanced, integrated circuit design. Its sensor system solution products, which incorporate sensors with on-board computing, wireless communications and systems and application software solutions.