Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Update

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 10,432 shares, a decline of 47.4% from the June 30th total of 19,831 shares. Based on an average daily trading volume, of 18,787 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley China A Share Fund during the first quarter worth $39,000. Osaic Holdings Inc. grew its holdings in shares of Morgan Stanley China A Share Fund by 39.6% during the second quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock valued at $129,000 after purchasing an additional 2,658 shares during the last quarter. Cresset Asset Management LLC grew its holdings in shares of Morgan Stanley China A Share Fund by 10.4% during the second quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock valued at $152,000 after purchasing an additional 1,040 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of Morgan Stanley China A Share Fund by 17.7% during the 3rd quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock worth $233,000 after purchasing an additional 2,105 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Morgan Stanley China A Share Fund by 73.9% in the 4th quarter. Royal Bank of Canada now owns 24,802 shares of the investment management company’s stock worth $430,000 after purchasing an additional 10,543 shares during the last quarter.

Morgan Stanley China A Share Fund Trading Down 0.8%

Shares of CAF traded down $0.15 during mid-day trading on Friday, reaching $19.18. 25,011 shares of the company’s stock were exchanged, compared to its average volume of 45,306. The company has a 50-day simple moving average of $20.08 and a two-hundred day simple moving average of $18.81. Morgan Stanley China A Share Fund has a 52-week low of $13.71 and a 52-week high of $21.41.

Morgan Stanley China A Share Fund Company Profile

The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.

Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.