Matthews Asia Innovators Active ETF (NYSEARCA:MINV) Short Interest Update

by · The Markets Daily

Matthews Asia Innovators Active ETF (NYSEARCA:MINVGet Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,936 shares, a growth of 108.6% from the December 15th total of 1,887 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 5,597 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 5,597 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Matthews Asia Innovators Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. acquired a new position in shares of Matthews Asia Innovators Active ETF in the 2nd quarter worth approximately $2,379,000. Altfest L J & Co. Inc. grew its position in Matthews Asia Innovators Active ETF by 1.1% in the third quarter. Altfest L J & Co. Inc. now owns 964,747 shares of the company’s stock worth $35,814,000 after buying an additional 10,222 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Matthews Asia Innovators Active ETF in the second quarter valued at $119,000. Advisory Services Network LLC acquired a new stake in shares of Matthews Asia Innovators Active ETF during the 3rd quarter valued at $100,000. Finally, Harbour Investments Inc. grew its holdings in shares of Matthews Asia Innovators Active ETF by 9.0% in the 2nd quarter. Harbour Investments Inc. now owns 5,391 shares of the company’s stock worth $168,000 after acquiring an additional 445 shares during the last quarter.

Matthews Asia Innovators Active ETF Trading Down 0.5%

Shares of NYSEARCA:MINV opened at $37.98 on Friday. Matthews Asia Innovators Active ETF has a twelve month low of $24.18 and a twelve month high of $39.00. The firm has a market cap of $87.35 million, a P/E ratio of 20.71 and a beta of 0.84. The company has a 50 day moving average of $35.88 and a 200-day moving average of $35.16.

About Matthews Asia Innovators Active ETF

(Get Free Report)

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.

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