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

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,600 shares, an increase of 1,200.0% from the February 13th total of 200 shares. Approximately 2.6% of the company’s shares are sold short. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 5.2 days.

Institutional Investors Weigh In On Matthews China Discovery Active ETF

A hedge fund recently bought a new stake in Matthews China Discovery Active ETF stock. Jane Street Group LLC bought a new stake in shares of Matthews China Discovery Active ETF (NASDAQ:MCHS) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 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 as of its most recent SEC filing.

Matthews China Discovery Active ETF Stock Performance

Shares of NASDAQ MCHS opened at $28.46 on Thursday. Matthews China Discovery Active ETF has a fifty-two week low of $22.97 and a fifty-two week high of $32.98. The company has a market cap of $2.85 million, a price-to-earnings ratio of 15.29 and a beta of 0.71. The business’s 50 day moving average price is $26.63 and its 200-day moving average price is $26.56.

Matthews China Discovery Active ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $1.4055 per share. This represents a dividend yield of 5.52%. The ex-dividend date was Wednesday, December 18th.

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.