Matthews International Funds Matthews India Active ETF (ARCA: INDE)

Latest news for Matthews International Funds Matthews India Active ETF (ARCA:INDE)

Financial Services

Technology

Consumer Cyclical

Other

Healthcare

Consumer Defensive

Energy

Industrials

Basic Materials

Communication Services

Under normal circumstances, the Matthews India Active ETF seeks to achieve its investment objective by investing at least 80 percent of its net assets, which include borrowings for investment purposes, in the common stocks, preferred stocks and convertible securities, of any duration or credit quality, including those that are unrated, or would be below investment grade (referred to as junk bonds) if rated, of companies located in India. The Fund may invest up to 20 percent of its net assets in debt securities, including securities issued by government entities and their political subdivisions. The Fund is non-diversified, which means that it may invest its assets in a smaller number of issuers than a diversified fund. A company or other issuer is considered to be located in India, and a security or instrument is deemed to be an Indian security or instrument, if it has substantial ties to India. 

Reliance Industries, Ltd.

Matthews India Active ETF

Matthews International Funds Matthews India Active ETF

Independence Contract Drilling, Inc. Common Stock

Independence Contract Drilling Inc

INDEPENDENCE GOLD CORP by Independence Gold Corp.

Independence Gold Corp

Independence Realty Trust, Inc. Common Stock

Independence Realty Trust Inc

Independent Bank Corp

Independent Bank Corporation - Common Stock

Independent Bank Corp (Ionia MI)

Independent Bank Group, Inc - Common Stock

Independent Bank Group Inc

INDEPENDENT FILM DEV CORP by Independent Film Development Corp

Independent Film Development Corp

INDEX OIL & GAS INC by Index Oil & Gas, Inc.

Index Oil & Gas Inc

IndexIQ Active ETF Trust IQ MacKay Multi-Sector Income ETF

IndexIQ ETF Trust IQ Global Resources ETF

IndexIQ ETF Trust IQ Real Return ETF

IndexIQ ETF Trust IQ US Mid Cap R&D Leaders ETF

IndexIQ ETF Trust Trust IQ U.S. Large Cap ETF

IndexIQ ETF Trust Trust IQ U.S. Small Cap ETF

Augmedix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUGX#NASDAQ">AUGX</a>) will be acquired by Commure, Inc., in an all-cash transaction valued at approximately <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39856596/augmedix-to-join-forces-with-commure" rel="noreferrer noopener">$139 million in equity</a>.
Under the agreement, Augmedix stockholders will receive $2.35 per share in cash upon completion of the proposed transaction, and Augmedix will become a wholly-owned subsidiary of Commure.
Augmedix delivers AI medical documentation products to healthcare systems, physician practices, hospitals, and telemedicine practitioners.
Commure offers a suite of automated and AI-enabled hardware, software, and services for the healthcare sector.
The purchase price represents a premium of approximately 169% over the volume-weighted average price (VWAP) of Augmedix&#8217;s common stock for the 30 days ending July 18, 2024.
&#8220;This proposed transaction with Commure provides certainty and a premium value for our stockholders, representing a transformative next step in Augmedix&#8217;s mission to unburden clinicians of administrative tasks while dramatically improving health system efficiency,&#8221; said Manny Krakaris, Chief Executive Officer at Augmedix.
&#8220;As part of Commure, we believe Augmedix will be well-positioned to scale ambient documentation solutions to even more clinicians and health systems while simultaneously accelerating efforts to infuse more innovative features, integrations, and AI capabilities into our product suite.&#8221;
Tanay Tandon, CEO of Commure, <a target="_blank" href="https://www.commure.com/blog/commure-signs-deal-to-acquire-augmedix-nasdaq-augx-creating-the-largest-artificial-intelligence-software-provider-in-healthcare/" rel="noreferrer noopener">said</a> the companies are on track to power over 3 million physician appointments using artificial intelligence, ambient scribing, and revenue cycle automation this year.
&#8220;Commure Scribe and Augmedix Go, on average, save a physician 2 hours of documentation time a day, reducing documentation time by more than 80%, and help generate billions of dollars in productivity savings for providers across the country,&#8221; Tandon adds.
Commure processes billions of dollars worth of healthcare payments. The company adds that its suite helps power over 250,000 providers nationally.
The transaction is expected to close in the late third or early fourth quarter of 2024.
Price Action: At last check on Friday, AUGX stock was up 147.70% at $2.27.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/07/39857064/eli-lillys-famed-weight-loss-drug-zepbound-scores-chinese-approval" target="_blank" rel="noreferrer noopener">Eli Lilly&#8217;s Famed Weight Loss Drug Zepbound Scores Chinese Approval</a>.</li>
</ul>
Photo by Pixels Hunter on Shutterstock

News

Health Care

Movers

Tech

General

AUGX

AI-Focused Healthcare Documentation Provider Augmedix Goes Private In $139M Deal

WIIM

Teradata shares are trading lower after UBS initiated a Sell rating on the stock and announced a $32 price target.

TD Securities analyst Michael Aelst upgrades Metro (TSX:<a class="ticker" href="https://www.benzinga.com/stock/MRU#TSX">MRU</a>) from Hold to Buy and raises the price target from C$80 to C$92.

Upgrades

Price Target

Analyst Ratings

TSX:MRU

TD Securities Upgrades Metro to Buy, Raises Price Target to C$92

CarMax's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) short percent of float has fallen 7.46% since its last report. The company recently reported that it has 18.07 million shares sold short, which is 13.14% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.91 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>CarMax Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721403026_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for CarMax has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing CarMax's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, CarMax's peer group average for short interest as a percentage of float is 12.52%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into CarMax's Recent Short Interest

Marriott Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NYSE">MAR</a>) short percent of float has fallen 8.65% since its last report. The company recently reported that it has 6.36 million shares sold short, which is 2.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.04 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Marriott Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721403021_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Marriott Intl has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Marriott Intl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Marriott Intl's peer group average for short interest as a percentage of float is 7.57%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(MAR) - Analyzing Marriott Intl's Short Interest

Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) has outperformed the market over the past 20 years by 7.01% on an annualized basis producing an average annual return of 15.41%. Currently, Union Pacific has a market capitalization of $147.66 billion. 
Buying $1000 In UNP: If an investor had bought $1000 of UNP stock 20 years ago, it would be worth $17,394.90 today based on a price of $242.01 for UNP at the time of writing.
<h3>Union Pacific's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721403017_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth $17,000 Today

Hershey's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) short percent of float has fallen 4.47% since its last report. The company recently reported that it has 3.89 million shares sold short, which is 2.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.78 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hershey Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721403016_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hershey has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Hershey's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hershey's peer group average for short interest as a percentage of float is 4.46%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(HSY) - Analyzing Hershey's Short Interest

Permian Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PR#NYSE">PR</a>) has outperformed the market over the past 5 years by 7.85% on an annualized basis producing an average annual return of 20.76%. Currently, Permian Resources has a market capitalization of $10.36 billion. 
Buying $100 In PR: If an investor had bought $100 of PR stock 5 years ago, it would be worth $263.55 today based on a price of $16.00 for PR at the time of writing.
<h3>Permian Resources's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721403012_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Permian Resources 5 Years Ago Would Be Worth This Much Today

A Redditor recently posted in the FIRE (Financial Independence, Retire Early) subreddit, sharing a dilemma after inheriting <a href="https://www.benzinga.com/personal-finance/24/05/38880642/2-million-is-nothing-suze-orman-warns-dont-retire-if-you-dont-have-at-least-5-million-or-10-mill">$2 million</a> from their late father.
At 29, he contemplates quitting a high-stress job to pursue a more relaxed lifestyle focused on health, wellness, and travel. He asked the community for advice on whether this decision would be selfish and what considerations to keep in mind.
Don't Miss:
<ul>
<li>Are you richer than most people you know?<a href="https://www.benzinga.com/money/are-you-richer-than-most-people"> Here&#8217;s the net worth you need at every age to be above average.</a></li>
<li><a href="https://www.benzinga.com/money/mark-cubans-annuity-adv">Many are surprised by Mark Cuban&#8217;s advice for lotto winners: Cash or annuity?</a></li>
</ul>
"My father recently passed away. He left me $2 Million, which I will have full, unfettered access to within the next few weeks. I work a job which does bring me fulfillment, but with it comes so much stress, responsibility, and public presence that I haven't been ‘enjoying' it for the last two of four of the years. I want to quit my job, work part-time jobs doing things I like such as health, wellness, and travel, and work no more than 20 hours a week … Is this selfish? What are your thoughts?"
The Redditor explained he doesn't have children and doesn't plan to, having gotten a vasectomy. The loss of his father led him to confront his mortality, prompting a reevaluation of his life choices. No longer burdened by the pressure to save heavily for retirement thanks to a substantial inheritance, the user now has the freedom to prioritize their hobbies and happiness. However, concerns linger about how his friends might perceive this shift. He worries about being judged as an "inheritance baby" who no longer needs to work full-time.
Trending: Rory McIlroy&#8217;s mansion in Florida is worth $22 million today, doubling from 2017 —<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> here&#8217;s how to get started investing in real estate with just $100</a>
One commenter suggested a practical approach: "If I were you, I'd get my hands on the money and continue to work for the next few months with the changed mindset of not ‘having to' work but ‘wanting to' and see if that takes some of the stress out."
Another emphasized caution: "Take it slow. Don't make any major decisions for at least six months, maybe even a year. Grief can really make us do things out of our ordinary character."
A different perspective highlighted potential financial considerations: "In order to make $2M last, that's only a <a href="https://www.benzinga.com/personal-finance/24/07/39735296/dave-ramsey-says-you-should-withdraw-at-8-in-retirement-but-suze-orman-says-absolutely-not-and-c">3% withdrawal rate</a>, $60k to live on isn't enough in a lot of the U.S., but could be plenty in some more depressed areas or even some countries."
One commenter shared an anecdote about a retired colleague: "A company I work for hired a retired pensioner … He refused to do so many tasks that were expected of everybody else … Now, looking back on it, 10 years later, I absolutely understand where he was coming from and don't blame him one bit."
See Also: <a href="https://www.benzinga.com/money/retire-5mil-nest-egg">Can you guess how many retire with a $5,000,000 nest egg? &#8211; How does it compare to the average?</a>
Overall, the community advised taking time to process the loss and avoid making rash decisions. They also recommended considering both financial stability and personal happiness before making a life-changing decision.&nbsp;
<a href="https://www.benzinga.com/personal-finance/financial-advisors/23/12/36345075/when-does-the-average-american-retire-heres-a-hint-its-earlier-than-governmen">Retiring at 29</a>, even with $2 million, can be risky. While $2 million might seem like a lot, it must be managed wisely to last for potentially 50 or more years. Inflation, market fluctuations, and unforeseen expenses can deplete savings faster than expected without careful planning and investment. Health care costs, especially as one ages, can be substantial.&nbsp;
<a href="https://www.benzinga.com/personal-finance/24/04/38439971/should-you-begin-collecting-social-security-at-62-67-or-70-the-right-answer-may-depend-on-your-b">Social Security benefits</a> will not be accessible for many years, and the cost of living can vary greatly depending on location. However, if invested properly and with a frugal lifestyle, it might be possible to live comfortably. Financial experts often suggest a conservative withdrawal rate of 3-4% per year to ensure the longevity of funds.
Read Next:
<ul>
<li>How much money will a $200,000 annuity pay out each month?<a href="https://www.benzinga.com/money/200k-annuities-adv"> The numbers may shock you.</a></li>
<li>Mark Cuban believes &#8220;the next wave of revenue generation is around real estate and entertainment&#8221; —<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> this new real estate fund allows you to get started with just $100.</a></li>
</ul>

Personal Finance

29-Year-Old Inherited $2 Million And Wants To Retire Early But Fears People Will Think He's An 'Inheritance Baby'

DA Davidson analyst Manuel Navas maintains S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) with a Neutral and raises the price target from $32 to $41.

STBA

DA Davidson Maintains Neutral on S&T Bancorp, Raises Price Target to $41

QMMM

QMMM Shares Halted On Circuit Breaker To The Upside

IPOs

QMMM IPO Shares Open For Trade At $3/Share; IPO Priced At $4/Share

Wolverine World Wide shares are trading higher after UBS upgraded the stock from Neutral to a Buy and raised its price target from $13 to $20.

DA Davidson analyst Kevin Fitzsimmons maintains Synovus Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) with a Buy and raises the price target from $47 to $55.

DA Davidson Maintains Buy on Synovus Finl, Raises Price Target to $55

HIVE

HIVE Digital technologies shares are trading higher after B. Riley Securities initiated a Buy rating on the stock and announced a $6 price target. Also, the stock may be gaining amid a rise in the price of Bitcoin.

DA Davidson analyst Gary Tenner maintains Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) with a Neutral and raises the price target from $68 to $74.

TFIN

DA Davidson Maintains Neutral on Triumph Financial, Raises Price Target to $74

<a href="https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=homepage-americas" title="https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=homepage-americas">https://www.bloomberg.com/news/articles/2024-07-19/blackstone-said-to-weigh-stake-sale-in-marketing-firm-hh-global?srnd=homepage-americas</a>

Asset Sales

'Blackstone Said To Weigh Stake Sale In HH Global, Could Value HH Global At £2 Billion To £2.5 Billion' - Bloomberg News

DA Davidson analyst Kevin Reevey maintains Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) with a Buy and raises the price target from $120 to $125.

WTFC

DA Davidson Maintains Buy on Wintrust Finl, Raises Price Target to $125

Wedbush analyst Nick Setyan reiterates Wingstop (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>) with a Outperform and maintains $425 price target.

Reiteration

WING

Wedbush Reiterates Outperform on Wingstop, Maintains $425 Price Target

CIBC analyst Stephanie Price maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Neutral and lowers the price target from $36 to $33.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

Matthews International Funds Matthews India Active ETF

News

Latest news for Matthews International Funds Matthews India Active ETF (ARCA:INDE)