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

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 688 shares, a decrease of 72.1% from the May 31st total of 2,467 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 7,152 shares, the short-interest ratio is currently 0.1 days.

Matthews China Discovery Active ETF Stock Performance

Shares of MCHS stock opened at $50.57 on Friday. The stock’s 50 day simple moving average is $45.64 and its 200 day simple moving average is $39.46. Matthews China Discovery Active ETF has a twelve month low of $28.74 and a twelve month high of $53.25. The company has a market capitalization of $4.05 million, a price-to-earnings ratio of 16.73 and a beta of 0.84.

About Matthews China Discovery Active ETF

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.