Matthews China Discovery Active ETF (NASDAQ:MCHS – Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 88.2% from the January 31st total of 1,700 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 0.5 days.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Matthews China Discovery Active ETF stock. Susquehanna International Group LLP lifted its position in Matthews China Discovery Active ETF (NASDAQ:MCHS – Free Report) by 56.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,476 shares of the company’s stock after buying an additional 21,780 shares during the quarter. Susquehanna International Group LLP owned about 60.48% of Matthews China Discovery Active ETF worth $1,551,000 as of its most recent filing with the SEC.
Matthews China Discovery Active ETF Stock Down 1.1 %
Shares of Matthews China Discovery Active ETF stock traded down $0.30 on Thursday, hitting $28.17. 5,051 shares of the company traded hands, compared to its average volume of 578. Matthews China Discovery Active ETF has a 12-month low of $22.97 and a 12-month high of $32.98. The company has a market cap of $2.82 million, a PE ratio of 14.96 and a beta of 0.71. The company has a 50-day moving average price of $26.15 and a 200 day moving average price of $26.25.
Matthews China Discovery Active ETF Announces Dividend
Matthews China Discovery Active ETF Company Profile
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.
Recommended Stories
- Five stocks we like better than Matthews China Discovery Active ETF
- The Role Economic Reports Play in a Successful Investment Strategy
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- The Basics of Support and Resistance
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- 10 Best Airline Stocks to Buy
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for Matthews China Discovery Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matthews China Discovery Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.