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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,000 shares, a decline of 45.2% from the February 28th total of 7,300 shares. Based on an average daily volume of 33,000 shares, the days-to-cover ratio is presently 0.1 days.

Morgan Stanley China A Share Fund Price Performance

CAF remained flat at $13.06 during trading on Friday. The company had a trading volume of 1,694 shares, compared to its average volume of 44,323. Morgan Stanley China A Share Fund has a 52-week low of $11.00 and a 52-week high of $16.11. The business’s 50 day moving average price is $12.78 and its 200 day moving average price is $12.75.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Several institutional investors have recently modified their holdings of the company. CSS LLC IL lifted its position in Morgan Stanley China A Share Fund by 4.2% in the 4th quarter. CSS LLC IL now owns 29,874 shares of the investment management company’s stock valued at $372,000 after purchasing an additional 1,200 shares during the last quarter. Quantedge Capital Pte Ltd grew its holdings in Morgan Stanley China A Share Fund by 2.7% in the 4th quarter. Quantedge Capital Pte Ltd now owns 62,151 shares of the investment management company’s stock worth $774,000 after buying an additional 1,650 shares in the last quarter. Stifel Financial Corp acquired a new stake in Morgan Stanley China A Share Fund in the 4th quarter valued at approximately $320,000. Shaker Financial Services LLC raised its stake in Morgan Stanley China A Share Fund by 20.9% during the 4th quarter. Shaker Financial Services LLC now owns 37,588 shares of the investment management company’s stock valued at $468,000 after acquiring an additional 6,500 shares in the last quarter. Finally, Cohen & Steers Inc. acquired a new position in Morgan Stanley China A Share Fund during the 4th quarter worth $336,000.

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.