Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Update

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 9,100 shares, a growth of 111.6% from the May 31st total of 4,300 shares. Based on an average trading volume of 32,600 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Karpus Management Inc. increased its stake in Morgan Stanley China A Share Fund by 1.0% during the first quarter. Karpus Management Inc. now owns 628,419 shares of the investment management company’s stock worth $7,566,000 after acquiring an additional 6,334 shares during the last quarter. Matisse Capital grew its holdings in shares of Morgan Stanley China A Share Fund by 213.4% during the 1st quarter. Matisse Capital now owns 132,247 shares of the investment management company’s stock worth $1,592,000 after purchasing an additional 90,052 shares during the period. Quarry LP acquired a new stake in Morgan Stanley China A Share Fund during the 4th quarter worth approximately $278,000. City of London Investment Management Co. Ltd. raised its holdings in Morgan Stanley China A Share Fund by 7.9% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 7,353,535 shares of the investment management company’s stock valued at $93,684,000 after buying an additional 538,787 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in Morgan Stanley China A Share Fund by 16.9% during the third quarter. PNC Financial Services Group Inc. now owns 15,020 shares of the investment management company’s stock valued at $187,000 after buying an additional 2,175 shares in the last quarter.

Morgan Stanley China A Share Fund Price Performance

Shares of Morgan Stanley China A Share Fund stock opened at $11.75 on Friday. Morgan Stanley China A Share Fund has a fifty-two week low of $11.55 and a fifty-two week high of $13.60. The business’s fifty day moving average is $12.18 and its two-hundred day moving average is $12.29.

About Morgan Stanley China A Share Fund

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.