Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Significant Increase in Short Interest

by · The Markets Daily

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIAGet Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,091 shares, an increase of 109.0% from the July 15th total of 522 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,978 shares, the days-to-cover ratio is presently 0.4 days.

Matthews Pacific Tiger Active ETF Trading Up 0.1%

Shares of ASIA stock traded up $0.06 on Friday, hitting $41.41. The stock had a trading volume of 500 shares, compared to its average volume of 4,230. Matthews Pacific Tiger Active ETF has a twelve month low of $30.44 and a twelve month high of $47.47. The company has a fifty day moving average price of $42.33 and a two-hundred day moving average price of $40.00. The firm has a market cap of $53.83 million, a P/E ratio of -12.32 and a beta of 0.90.

About Matthews Pacific Tiger Active ETF

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The Matthews Pacific Tiger Active ETF (ASIA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in companies located in Asia, excluding Japan. The fund manager selects stocks based on strong fundamentals. ASIA was launched on Sep 22, 2023 and is issued by Matthews.

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