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

Matthews Japan Active ETF (NYSEARCA:JPAN) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 266 shares, a decline of 90.0% from the June 30th total of 2,659 shares. Based on an average trading volume of 1,032 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Matthews Japan Active ETF stock. Jane Street Group LLC acquired a new stake in shares of Matthews Japan Active ETF (NYSEARCA:JPAN) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 40,256 shares of the company’s stock, valued at approximately $1,235,000. Jane Street Group LLC owned about 25.16% of Matthews Japan Active ETF at the end of the most recent reporting period.

Matthews Japan Active ETF Trading Down 0.2%

JPAN stock traded down $0.07 during midday trading on Friday, hitting $40.88. The company’s stock had a trading volume of 757 shares, compared to its average volume of 1,704. The firm’s 50-day moving average is $41.82 and its 200-day moving average is $39.70. Matthews Japan Active ETF has a 12 month low of $33.54 and a 12 month high of $43.84. The company has a market cap of $8.18 million, a PE ratio of 17.96 and a beta of 0.80.

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.