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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,500 shares, a decline of 62.5% from the March 15th total of 4,000 shares. Based on an average daily volume of 33,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Morgan Stanley China A Share Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its position in Morgan Stanley China A Share Fund by 8.0% in the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after buying an additional 1,031 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Morgan Stanley China A Share Fund in the fourth quarter worth $138,000. Calamos Advisors LLC acquired a new stake in shares of Morgan Stanley China A Share Fund in the fourth quarter worth $140,000. Dakota Wealth Management lifted its position in Morgan Stanley China A Share Fund by 4.2% during the fourth quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock valued at $257,000 after purchasing an additional 840 shares during the period. Finally, Cohen & Steers Inc. acquired a new stake in Morgan Stanley China A Share Fund during the 4th quarter worth about $336,000.

Morgan Stanley China A Share Fund Trading Up 1.4 %

Shares of NYSE CAF traded up $0.17 during midday trading on Wednesday, reaching $12.44. The company had a trading volume of 23,706 shares, compared to its average volume of 43,676. Morgan Stanley China A Share Fund has a 1 year low of $11.00 and a 1 year high of $16.11. The business’s 50-day simple moving average is $12.71 and its 200 day simple moving average is $12.80.

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.