Short Interest in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Increases By 18.6%

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

Morgan Stanley China A Share Fund Stock Up 1.8 %

CAF traded up $0.22 on Friday, hitting $12.79. 52,061 shares of the company’s stock traded hands, compared to its average volume of 34,882. The company’s 50 day simple moving average is $12.51 and its 200-day simple moving average is $12.45. Morgan Stanley China A Share Fund has a one year low of $11.00 and a one year high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

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

Institutional Trading of Morgan Stanley China A Share Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in Morgan Stanley China A Share Fund in the 4th quarter worth approximately $138,000. Calamos Advisors LLC bought a new stake in Morgan Stanley China A Share Fund in the 4th quarter worth approximately $140,000. HighTower Advisors LLC increased its stake in Morgan Stanley China A Share Fund by 8.0% in the 3rd quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock worth $186,000 after acquiring an additional 1,031 shares during the last quarter. Dakota Wealth Management increased its stake in Morgan Stanley China A Share Fund by 4.2% in the 4th quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock worth $257,000 after acquiring 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 4th quarter worth approximately $320,000.

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.