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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 7,300 shares, a decline of 24.0% from the February 13th total of 9,600 shares. Based on an average daily trading volume, of 37,200 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On 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. Raymond James Financial Inc. acquired a new position in shares of Morgan Stanley China A Share Fund during the fourth quarter worth approximately $138,000. Calamos Advisors LLC acquired a new position in shares of Morgan Stanley China A Share Fund during the fourth quarter worth approximately $140,000. HighTower Advisors LLC lifted its position in shares of Morgan Stanley China A Share Fund by 8.0% during the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock worth $186,000 after purchasing an additional 1,031 shares in the last quarter. Dakota Wealth Management lifted its position in shares of 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 worth $257,000 after purchasing an additional 840 shares in the last quarter. Finally, Stifel Financial Corp acquired a new position in shares of Morgan Stanley China A Share Fund during the fourth quarter worth approximately $320,000.

Morgan Stanley China A Share Fund Price Performance

NYSE:CAF traded up $0.31 on Monday, reaching $13.49. The stock had a trading volume of 35,320 shares, compared to its average volume of 45,257. 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 moving average price of $12.60 and a 200-day moving average price of $12.66.

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.