Matthews India Active ETF (NYSEARCA:INDE) Short Interest Update

Matthews India Active ETF (NYSEARCA:INDE) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 187 shares, a growth of 171.0% from the November 30th total of 69 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 542 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 542 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Matthews India Active ETF Stock Performance

NYSEARCA INDE opened at $29.99 on Friday. The business has a fifty day moving average price of $30.65 and a 200 day moving average price of $30.11. Matthews India Active ETF has a one year low of $25.72 and a one year high of $31.44. The company has a market cap of $9.00 million, a P/E ratio of 32.13 and a beta of 0.07.

Institutional Investors Weigh In On Matthews India Active ETF

Hedge funds have recently modified their holdings of the business. Freedom Financial Partners LLC acquired a new position in Matthews India Active ETF during the second quarter worth about $229,000. Susquehanna International Group LLP purchased a new position in Matthews India Active ETF in the 3rd quarter worth approximately $290,000. Navis Wealth Advisors LLC lifted its stake in Matthews India Active ETF by 65.6% in the 2nd quarter. Navis Wealth Advisors LLC now owns 13,976 shares of the company’s stock worth $422,000 after purchasing an additional 5,536 shares in the last quarter. Finally, OLD Mission Capital LLC boosted its holdings in shares of Matthews India Active ETF by 29.8% during the 1st quarter. OLD Mission Capital LLC now owns 114,960 shares of the company’s stock worth $3,176,000 after purchasing an additional 26,423 shares during the last quarter.

About Matthews India Active ETF

The Matthews India Active ETF (INDE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Indian companies capable of sustainable growth based on fundamentals. The fund follows an all-cap strategy while implementing a fundamental bottom-up approach. INDE was launched on Sep 22, 2023 and is issued by Matthews.