Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Up 302.5% in April
by Scott Moore · The Cerbat GemMatthews Korea Active ETF (NYSEARCA:MKOR – Get Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 44,537 shares, a growth of 302.5% from the April 15th total of 11,064 shares. Based on an average trading volume of 19,086 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.9% of the shares of the company are short sold.
Matthews Korea Active ETF Stock Down 6.3%
Shares of MKOR stock traded down $4.03 during trading hours on Friday, hitting $59.70. 18,349 shares of the company’s stock were exchanged, compared to its average volume of 26,515. The firm has a market cap of $137.31 million, a P/E ratio of 11.30 and a beta of 1.50. The firm has a 50 day moving average of $50.43 and a two-hundred day moving average of $42.40. Matthews Korea Active ETF has a fifty-two week low of $23.00 and a fifty-two week high of $65.47.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new position in shares of Matthews Korea Active ETF during the 3rd quarter worth approximately $91,000. Jane Street Group LLC acquired a new position in shares of Matthews Korea Active ETF during the 2nd quarter worth approximately $388,000. Susquehanna International Group LLP raised its stake in shares of Matthews Korea Active ETF by 278.3% during the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock worth $2,271,000 after buying an additional 55,323 shares during the period. Finally, OLD Mission Capital LLC raised its stake in shares of Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock worth $1,123,000 after buying an additional 728 shares during the period.
Matthews Korea Active ETF Company Profile
The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.