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

The China Fund, Inc. (NYSE:CHN) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 8,300 shares, an increase of 36.1% from the January 31st total of 6,100 shares. Based on an average trading volume of 34,100 shares, the short-interest ratio is currently 0.2 days.

The China Fund Price Performance

The China Fund stock opened at $13.53 on Thursday. The China Fund has a fifty-two week low of $9.29 and a fifty-two week high of $14.74. The firm has a fifty day moving average price of $12.11 and a two-hundred day moving average price of $11.83.

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 issued a dividend of $0.1497 per share. This is an increase from The China Fund’s previous annual dividend of $0.02. The ex-dividend date of this dividend was Monday, December 30th. This represents a dividend yield of 0.2%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vista Investment Management increased its holdings in shares of 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 worth $332,000 after purchasing an additional 1,500 shares during the period. Shaker Financial Services LLC increased its holdings in shares of The China Fund by 8.3% during the 4th quarter. Shaker Financial Services LLC now owns 68,086 shares of the investment management company’s stock worth $822,000 after purchasing an additional 5,194 shares during the period. Cohen & Steers Inc. bought a new position in shares of The China Fund during the 4th quarter worth about $306,000. Farther Finance Advisors LLC bought a new position in shares of The China Fund during the 4th quarter worth about $299,000. Finally, Wolverine Asset Management LLC bought a new position in shares of The China Fund during the 4th quarter worth about $800,000.

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.