Short Interest in Matthews China Discovery Active ETF (NASDAQ:MCHS) Decreases By 88.2%

Matthews China Discovery Active ETF (NASDAQ:MCHS) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a decrease of 88.2% from the January 31st total of 1,700 shares. Based on an average daily volume of 400 shares, the days-to-cover 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 increased its position in shares of Matthews China Discovery Active ETF (NASDAQ:MCHS) by 56.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,476 shares of the company’s stock after purchasing an additional 21,780 shares during the period. Susquehanna International Group LLP owned about 60.48% of Matthews China Discovery Active ETF worth $1,551,000 at the end of the most recent reporting period.

Matthews China Discovery Active ETF Price Performance

Shares of Matthews China Discovery Active ETF stock opened at $28.17 on Friday. The company has a market cap of $2.82 million, a PE ratio of 14.96 and a beta of 0.71. The firm has a fifty day moving average price of $26.21 and a two-hundred day moving average price of $26.26. Matthews China Discovery Active ETF has a fifty-two week low of $22.97 and a fifty-two week 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 paid a $1.4055 dividend. This represents a dividend yield of 5.52%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.