Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) Sees Large Drop in Short Interest

Matthews Pacific Tiger Active ETF (NYSEARCA:ASIA) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 1,079 shares, a drop of 41.2% from the December 31st total of 1,834 shares. Based on an average trading volume of 4,958 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 4,958 shares, the days-to-cover ratio is presently 0.2 days.

Matthews Pacific Tiger Active ETF Stock Down 2.0%

ASIA stock traded down $0.76 during trading on Friday, reaching $36.54. 1,394 shares of the company’s stock were exchanged, compared to its average volume of 4,610. Matthews Pacific Tiger Active ETF has a 1-year low of $22.70 and a 1-year high of $37.50. The firm has a market cap of $47.50 million, a PE ratio of -10.88 and a beta of 0.51. The company’s fifty day moving average price is $34.71 and its 200-day moving average price is $33.17.

About Matthews Pacific Tiger Active ETF

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.