Short Interest in The China Fund, Inc. (NYSE:CHN) Grows By 36.1%

Posted by Francis Steltz on Mar 4th, 2025

The China Fund, Inc. (NYSE:CHN – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 8,300 shares, a growth of 36.1% from the January 31st total of 6,100 shares. Based on an average daily trading volume, of 34,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of The China Fund

Several institutional investors have recently modified their holdings of CHN. Public Employees Retirement System of Ohio purchased a new stake in shares of The China Fund during the 3rd quarter worth approximately $5,812,000. Wolverine Asset Management LLC purchased a new stake in The China Fund in the 4th quarter valued at $800,000. Farther Finance Advisors LLC purchased a new stake in The China Fund in the 4th quarter valued at $299,000. Cohen & Steers Inc. purchased a new stake in The China Fund in the 4th quarter valued at $306,000. Finally, Shaker Financial Services LLC raised its position 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 valued at $822,000 after purchasing an additional 5,194 shares during the last quarter.

The China Fund Stock Performance

Shares of NYSE:CHN opened at $12.60 on Tuesday. The China Fund has a twelve month low of $9.29 and a twelve month high of $14.74. The firm has a 50 day simple moving average of $12.09 and a 200-day simple moving average of $11.79.

The China Fund Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were given a dividend of $0.1497 per share. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, December 30th. This is an increase from The China Fund’s previous annual dividend of $0.02.

The China Fund Company Profile

(Get Free Report)

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.