Matthews Japan Active ETF (NYSEARCA:JPAN) Sees Significant Decline in Short Interest

Matthews Japan Active ETF (NYSEARCA:JPAN) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 2,659 shares, a decline of 80.0% from the June 15th total of 13,319 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average daily volume of 1,676 shares, the short-interest ratio is currently 1.6 days.

Matthews Japan Active ETF Stock Performance

Shares of Matthews Japan Active ETF stock traded up $0.53 on Friday, hitting $42.79. The company had a trading volume of 76 shares, compared to its average volume of 1,755. The stock has a market capitalization of $8.56 million, a price-to-earnings ratio of 17.96 and a beta of 0.80. Matthews Japan Active ETF has a 1 year low of $32.82 and a 1 year high of $43.84. The stock has a 50 day moving average of $41.73 and a 200-day moving average of $39.32.

Institutional Investors Weigh In On Matthews Japan Active ETF

A hedge fund recently bought a new position in Matthews Japan Active ETF stock. Advisory Services Network LLC acquired a new stake in shares of Matthews Japan Active ETF (NYSEARCA:JPAN) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,821 shares of the company’s stock, valued at approximately $102,000. Advisory Services Network LLC owned approximately 1.76% of Matthews Japan Active ETF at the end of the most recent quarter.

About Matthews Japan Active ETF

The Matthews Japan Active ETF (JPAN) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Japanese companies capable of sustainable growth based on fundamentals while considering ESG. The fund follows an all-cap approach while implementing a high-conviction growth strategy. JPAN was launched on Sep 22, 2023 and is issued by Matthews.