The China Fund, Inc. (NYSE:CHN) Short Interest Update

The China Fund, Inc. (NYSE:CHN) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 10,800 shares, a growth of 170.0% from the March 15th total of 4,000 shares. Based on an average daily volume of 36,900 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On The China Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new position in The China Fund in the 4th quarter worth approximately $299,000. Cohen & Steers Inc. purchased a new position in shares of The China Fund in the fourth quarter worth $306,000. Vista Investment Management raised its holdings in The China Fund by 5.7% during the 4th quarter. Vista Investment Management now owns 27,850 shares of the investment management company’s stock valued at $332,000 after buying an additional 1,500 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in The China Fund during the 4th quarter valued at $800,000. Finally, Shaker Financial Services LLC grew its holdings in The China Fund by 8.3% in the 4th quarter. Shaker Financial Services LLC now owns 68,086 shares of the investment management company’s stock worth $822,000 after acquiring an additional 5,194 shares during the last quarter.

The China Fund Price Performance

NYSE:CHN traded up $0.17 during trading hours on Thursday, reaching $11.61. The company’s stock had a trading volume of 26,652 shares, compared to its average volume of 33,813. The firm has a 50-day simple moving average of $12.69 and a 200-day simple moving average of $12.39. The China Fund has a 1 year low of $9.29 and a 1 year high of $14.74.

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.