Morgan Stanley China A Share Fund (NYSE:CAF) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.26 and traded as low as $12.18. Morgan Stanley China A Share Fund shares last traded at $12.59, with a volume of 18,923 shares trading hands.

Morgan Stanley China A Share Fund Stock Performance

The stock has a 50-day moving average price of $12.82 and a 200-day moving average price of $12.26.

Morgan Stanley China A Share Fund Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $0.3272 dividend. This is a positive change from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12. This represents a dividend yield of 1%. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC grew its stake in shares of Morgan Stanley China A Share Fund by 8.0% in the 3rd quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after buying an additional 1,031 shares during the period. Shaker Financial Services LLC grew its holdings in shares of Morgan Stanley China A Share Fund by 6.8% during the third 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 raised its holdings in shares of Morgan Stanley China A Share Fund by 18.4% in the 2nd quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock worth $692,000 after acquiring an additional 9,165 shares during the last quarter. Matisse Capital boosted its stake in Morgan Stanley China A Share Fund by 39.9% during the 2nd quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock valued at $2,174,000 after purchasing an additional 52,750 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Morgan Stanley China A Share Fund in the third quarter worth approximately $9,304,000.

About Morgan Stanley China A Share Fund

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.