Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Down 73.5% in June

Matthews Asia Innovators Active ETF (NYSEARCA:MINV) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 8,616 shares, a decrease of 73.5% from the May 31st total of 32,550 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 14,712 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. OLD Mission Capital LLC bought a new position in Matthews Asia Innovators Active ETF in the 4th quarter worth about $936,000. Quantify Chaos Advisors LLC bought a new position in Matthews Asia Innovators Active ETF in the fourth quarter valued at about $314,000. Jane Street Group LLC purchased a new position in shares of Matthews Asia Innovators Active ETF during the 4th quarter worth $305,000. Sankala Group LLC purchased a new stake in shares of Matthews Asia Innovators Active ETF in the 4th quarter worth $96,000. Finally, Advisory Services Network LLC bought a new position in shares of Matthews Asia Innovators Active ETF in the third quarter worth about $100,000.

Matthews Asia Innovators Active ETF Trading Down 1.7%

NYSEARCA MINV opened at $55.43 on Friday. The firm has a market cap of $171.83 million, a PE ratio of 20.71 and a beta of 1.11. Matthews Asia Innovators Active ETF has a 1-year low of $30.85 and a 1-year high of $61.03. The stock has a 50-day moving average of $52.12 and a 200-day moving average of $43.07.

Matthews Asia Innovators Active ETF Company Profile

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.