The China Fund, Inc. (NYSE:CHN) Short Interest Update

The China Fund, Inc. (NYSE:CHN) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 11,400 shares, an increase of 37.3% from the February 13th total of 8,300 shares. Based on an average daily trading volume, of 36,200 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On The China Fund

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in The China Fund in the 4th quarter worth approximately $299,000. Cohen & Steers Inc. bought a new position in shares of The China Fund in the fourth quarter worth $306,000. Vista Investment Management raised its position in shares of The China Fund by 5.7% in the fourth quarter. Vista Investment Management now owns 27,850 shares of the investment management company’s stock worth $332,000 after buying an additional 1,500 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in The China Fund during the fourth quarter valued at $800,000. Finally, Shaker Financial Services LLC grew its position in The China Fund by 8.3% during the fourth quarter. Shaker Financial Services LLC now owns 68,086 shares of the investment management company’s stock worth $822,000 after buying an additional 5,194 shares in the last quarter.

The China Fund Stock Performance

Shares of NYSE:CHN traded up $0.44 during midday trading on Monday, reaching $14.01. 36,074 shares of the company traded hands, compared to its average volume of 32,355. The China Fund has a 12 month low of $9.29 and a 12 month high of $14.74. The firm’s fifty day moving average price is $12.36 and its two-hundred day moving average price is $12.05.

About The China Fund

The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.