Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Sees Significant Increase in Short Interest

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,100 shares, an increase of 18.6% from the January 15th total of 4,300 shares. Based on an average trading volume of 40,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Morgan Stanley China A Share Fund during the fourth quarter worth $138,000. Calamos Advisors LLC bought a new stake in Morgan Stanley China A Share Fund in the fourth quarter valued at about $140,000. HighTower Advisors LLC increased its holdings in Morgan Stanley China A Share Fund by 8.0% in the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after purchasing an additional 1,031 shares during the last quarter. Dakota Wealth Management increased its holdings in Morgan Stanley China A Share Fund by 4.2% in the fourth quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock valued at $257,000 after purchasing an additional 840 shares during the last quarter. Finally, Stifel Financial Corp bought a new stake in Morgan Stanley China A Share Fund in the fourth quarter valued at about $320,000.

Morgan Stanley China A Share Fund Stock Performance

CAF stock opened at $12.79 on Monday. Morgan Stanley China A Share Fund has a twelve month low of $11.00 and a twelve month high of $16.11. The business has a fifty day moving average of $12.52 and a 200-day moving average of $12.47.

Morgan Stanley China A Share Fund Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were given a dividend of $0.3272 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a dividend yield of 1%. This is an increase from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

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.