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

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

Institutional Trading of Morgan Stanley China A Share Fund

Hedge funds have recently added to or reduced their stakes in the stock. CSS LLC IL raised its stake in shares of Morgan Stanley China A Share Fund by 4.2% during the fourth quarter. CSS LLC IL now owns 29,874 shares of the investment management company’s stock worth $372,000 after purchasing an additional 1,200 shares during the last quarter. Quantedge Capital Pte Ltd increased its stake 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 valued at $774,000 after buying an additional 1,650 shares during the period. Stifel Financial Corp purchased a new position in Morgan Stanley China A Share Fund during the 4th quarter worth $320,000. Shaker Financial Services LLC lifted its stake in shares of Morgan Stanley China A Share Fund by 20.9% in the 4th quarter. Shaker Financial Services LLC now owns 37,588 shares of the investment management company’s stock worth $468,000 after acquiring an additional 6,500 shares during the period. Finally, Cohen & Steers Inc. purchased a new stake in shares of Morgan Stanley China A Share Fund in the fourth quarter valued at about $336,000.

Morgan Stanley China A Share Fund Stock Performance

Shares of NYSE CAF traded up $0.12 during midday trading on Friday, reaching $13.18. 799 shares of the company were exchanged, compared to its average volume of 44,230. Morgan Stanley China A Share Fund has a 1 year low of $11.00 and a 1 year high of $16.11. The stock has a fifty day simple moving average of $12.77 and a 200 day simple moving average of $12.73.

About Morgan Stanley China A Share Fund

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.