Matthews Emerging Markets Equity Active ETF (NYSEARCA:MEM) Short Interest Update

by · The Markets Daily

Matthews Emerging Markets Equity Active ETF (NYSEARCA:MEM – Get Free Report) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 12,049 shares, a drop of 51.4% from the December 15th total of 24,775 shares. Based on an average daily volume of 4,444 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.0% of the shares of the company are sold short. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 4,444 shares, the days-to-cover ratio is currently 2.7 days.

Matthews Emerging Markets Equity Active ETF Trading Up 0.2%

Shares of Matthews Emerging Markets Equity Active ETF stock traded up $0.08 during trading hours on Wednesday, hitting $37.78. 3,315 shares of the company were exchanged, compared to its average volume of 3,502. The business has a 50-day moving average of $36.45 and a 200-day moving average of $35.28. Matthews Emerging Markets Equity Active ETF has a 1 year low of $26.07 and a 1 year high of $38.09. The stock has a market capitalization of $45.34 million, a price-to-earnings ratio of 15.50 and a beta of 0.81.

Hedge Funds Weigh In On Matthews Emerging Markets Equity Active ETF

A number of large investors have recently bought and sold shares of the company. JGP Wealth Management LLC boosted its holdings in shares of Matthews Emerging Markets Equity Active ETF by 0.3% in the second quarter. JGP Wealth Management LLC now owns 151,807 shares of the company’s stock valued at $4,934,000 after acquiring an additional 514 shares in the last quarter. Susquehanna International Group LLP raised its holdings in Matthews Emerging Markets Equity Active ETF by 51.3% during the third quarter. Susquehanna International Group LLP now owns 16,218 shares of the company’s stock worth $588,000 after purchasing an additional 5,500 shares in the last quarter. IFC Advisors LLC acquired a new stake in Matthews Emerging Markets Equity Active ETF in the third quarter valued at about $238,000. Raymond James Financial Inc. purchased a new stake in Matthews Emerging Markets Equity Active ETF in the 3rd quarter valued at approximately $302,000. Finally, Greenwich Wealth Management LLC boosted its holdings in Matthews Emerging Markets Equity Active ETF by 12.1% in the 2nd quarter. Greenwich Wealth Management LLC now owns 79,084 shares of the company’s stock valued at $2,570,000 after purchasing an additional 8,537 shares in the last quarter.

Matthews Emerging Markets Equity Active ETF Company Profile

(Get Free Report)

The Matthews Emerging Markets Equity Active ETF (MEM) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market companies with perceived sustainable growth potential. MEM was launched on Jul 13, 2022 and is managed by Matthews.

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