Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 6,000 shares, a growth of 106.9% from the October 31st total of 2,900 shares. Based on an average daily trading volume, of 72,300 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of Morgan Stanley China A Share Fund
A number of hedge funds have recently added to or reduced their stakes in the stock. HighTower Advisors LLC boosted its holdings in shares of Morgan Stanley China A Share Fund by 8.0% during the 3rd quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after acquiring an additional 1,031 shares in the last quarter. Dakota Wealth Management grew its holdings in shares of Morgan Stanley China A Share Fund by 49.6% during the second quarter. Dakota Wealth Management now owns 19,374 shares of the investment management company’s stock worth $228,000 after purchasing an additional 6,420 shares during the last quarter. Shaker Financial Services LLC raised its holdings in Morgan Stanley China A Share Fund by 6.8% in the 3rd quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock valued at $421,000 after buying an additional 1,987 shares during the last quarter. Wolverine Asset Management LLC boosted its position in Morgan Stanley China A Share Fund by 18.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock worth $692,000 after buying an additional 9,165 shares during the period. Finally, Matisse Capital increased its position in Morgan Stanley China A Share Fund by 39.9% in the 2nd quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock valued at $2,174,000 after acquiring an additional 52,750 shares during the period.
Morgan Stanley China A Share Fund Stock Down 0.6 %
NYSE CAF traded down $0.07 during trading on Friday, hitting $12.49. 48,101 shares of the company’s stock were exchanged, compared to its average volume of 52,022. The stock’s 50 day moving average price is $13.14 and its two-hundred day moving average price is $12.22. Morgan Stanley China A Share Fund has a fifty-two week low of $11.00 and a fifty-two week high of $16.11.
Morgan Stanley China A Share Fund Company Profile
Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.
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