The China Fund, Inc. (NYSE:CHN) Short Interest Down 26.9% in October

The China Fund, Inc. (NYSE:CHN) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 3,800 shares, a decrease of 26.9% from the September 30th total of 5,200 shares. Based on an average daily trading volume, of 59,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 59,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Calamos Advisors LLC bought a new position in shares of The China Fund during the 1st quarter valued at $182,000. Wolverine Asset Management LLC raised its holdings in shares of The China Fund by 97.4% during the 1st quarter. Wolverine Asset Management LLC now owns 132,338 shares of the investment management company’s stock valued at $1,699,000 after purchasing an additional 65,295 shares in the last quarter. Matisse Capital raised its holdings in shares of The China Fund by 131.6% during the 2nd quarter. Matisse Capital now owns 243,000 shares of the investment management company’s stock valued at $3,618,000 after purchasing an additional 138,095 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of The China Fund by 50,480.6% during the 1st quarter. Jones Financial Companies Lllp now owns 85,987 shares of the investment management company’s stock valued at $1,104,000 after purchasing an additional 85,817 shares in the last quarter. Finally, Plan Group Financial LLC bought a new position in shares of The China Fund during the 1st quarter valued at $137,000.

The China Fund Stock Up 0.4%

Shares of The China Fund stock traded up $0.07 during midday trading on Monday, reaching $18.27. 343,740 shares of the company’s stock traded hands, compared to its average volume of 45,693. The company’s 50 day simple moving average is $17.92 and its 200 day simple moving average is $15.37. The China Fund has a 52 week low of $10.60 and a 52 week high of $18.89.

The China Fund Company Profile

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.