Short Interest in Matthews Japan Active ETF (NYSEARCA:JPAN) Drops By 90.0%

Matthews Japan Active ETF (NYSEARCA:JPAN) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 266 shares, a decline of 90.0% from the June 30th total of 2,659 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,032 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Matthews Japan Active ETF stock. Advisory Services Network LLC purchased a new stake in shares of Matthews Japan Active ETF (NYSEARCA:JPAN) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 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 at the end of the most recent quarter.

Matthews Japan Active ETF Price Performance

NYSEARCA JPAN traded down $0.07 on Friday, reaching $40.88. The company had a trading volume of 757 shares, compared to its average volume of 1,704. Matthews Japan Active ETF has a 1 year low of $33.54 and a 1 year high of $43.84. The firm has a 50-day moving average of $41.81 and a 200-day moving average of $39.70. The firm has a market capitalization of $8.18 million, a PE ratio of 17.96 and a beta of 0.80.

Matthews Japan Active ETF Company Profile

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.