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

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 600 shares, a decline of 76.9% from the February 28th total of 2,600 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 400 shares, the short-interest ratio is presently 1.5 days.

Matthews China Discovery Active ETF Stock Performance

Shares of NASDAQ MCHS opened at $28.27 on Thursday. Matthews China Discovery Active ETF has a 1 year low of $22.97 and a 1 year high of $32.98. The stock has a fifty day moving average price of $27.41 and a two-hundred day moving average price of $26.93. The firm has a market cap of $2.83 million, a P/E ratio of 15.19 and a beta of 0.71.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Matthews China Discovery Active ETF stock. Jane Street Group LLC purchased a new position in Matthews China Discovery Active ETF (NASDAQ:MCHS) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 83,157 shares of the company’s stock, valued at approximately $2,368,000. Jane Street Group LLC owned approximately 83.16% of Matthews China Discovery Active ETF at the end of the most recent quarter.

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.