Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) 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.
Further Reading
- Five stocks we like better than Morgan Stanley China A Share Fund
- The How and Why of Investing in Gold Stocks
- Super Micro’s International Presence Makes It a Winning Stock
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Grocery Outlet Insider and Institutional Buyers Signal Bottom
- How to Use the MarketBeat Excel Dividend Calculator
- Consumers Are Cutting Back, But These 3 Stocks Will Stay Strong
Receive News & Ratings for Morgan Stanley China A Share Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley China A Share Fund and related companies with MarketBeat.com's FREE daily email newsletter.