Matthews China Discovery Active ETF (NASDAQ:MCHS) Short Interest Down 88.2% in February

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 88.2% from the January 31st total of 1,700 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Matthews China Discovery Active ETF

A hedge fund recently raised its stake in Matthews China Discovery Active ETF stock. Susquehanna International Group LLP grew its position in Matthews China Discovery Active ETF (NASDAQ:MCHS) by 56.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,476 shares of the company’s stock after buying an additional 21,780 shares during the quarter. Susquehanna International Group LLP owned approximately 60.48% of Matthews China Discovery Active ETF worth $1,551,000 at the end of the most recent quarter.

Matthews China Discovery Active ETF Trading Down 1.3 %

MCHS traded down $0.37 on Friday, reaching $27.80. The company had a trading volume of 486 shares, compared to its average volume of 574. The company has a fifty day moving average of $26.25 and a 200-day moving average of $26.29. The company has a market capitalization of $2.78 million, a P/E ratio of 14.96 and a beta of 0.71. Matthews China Discovery Active ETF has a one year low of $22.97 and a one year high of $32.98.

Matthews China Discovery Active ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $1.4055 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a yield of 5.52%.

About Matthews China Discovery Active ETF

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential.