Matthews Korea Active ETF (NYSEARCA:MKOR) Short Interest Up 65.4% in July

Matthews Korea Active ETF (NYSEARCA:MKOR) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 59,946 shares, a growth of 65.4% from the July 15th total of 36,234 shares. Based on an average trading volume of 14,519 shares, the short-interest ratio is presently 4.1 days. Approximately 2.6% of the shares of the stock are short sold.

Matthews Korea Active ETF Stock Up 2.2%

MKOR traded up $1.37 during trading on Monday, hitting $63.05. The company’s stock had a trading volume of 8,399 shares, compared to its average volume of 23,131. The firm’s 50 day moving average price is $60.82 and its two-hundred day moving average price is $54.83. Matthews Korea Active ETF has a 12 month low of $26.78 and a 12 month high of $72.96. The stock has a market capitalization of $145.01 million, a price-to-earnings ratio of 11.30 and a beta of 1.63.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in Matthews Korea Active ETF in the first quarter valued at approximately $84,000. Advisory Services Network LLC acquired a new stake in Matthews Korea Active ETF during the 3rd quarter worth $91,000. Jane Street Group LLC bought a new stake in shares of Matthews Korea Active ETF during the 2nd quarter valued at $388,000. OLD Mission Capital LLC raised its position in shares of Matthews Korea Active ETF by 2.3% during the 4th quarter. OLD Mission Capital LLC now owns 32,649 shares of the company’s stock valued at $1,123,000 after acquiring an additional 728 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its stake in shares of Matthews Korea Active ETF by 278.3% in the 3rd quarter. Susquehanna International Group LLP now owns 75,199 shares of the company’s stock valued at $2,271,000 after purchasing an additional 55,323 shares during the period.

Matthews Korea Active ETF Company Profile

The Matthews Korea Active ETF (MKOR) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of South Korean, large- and mid-cap companies that are fundamentally screened for sustainable growth. MKOR was launched on Oct 29, 2010 and is issued by Matthews.