Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Up 171.8% in May

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 14,431 shares, an increase of 171.8% from the April 30th total of 5,310 shares. Based on an average trading volume of 64,601 shares, the short-interest ratio is currently 0.2 days.

Morgan Stanley China A Share Fund Price Performance

Shares of CAF stock traded up $0.19 during midday trading on Friday, reaching $20.14. 37,651 shares of the company traded hands, compared to its average volume of 55,063. The firm’s 50 day simple moving average is $18.38 and its two-hundred day simple moving average is $17.79. Morgan Stanley China A Share Fund has a 1-year low of $12.91 and a 1-year high of $20.57.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

A number of hedge funds and other institutional investors have recently modified their holdings of CAF. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley China A Share Fund during the 1st quarter valued at approximately $39,000. Acuitas Investments LLC purchased a new position in shares of Morgan Stanley China A Share Fund during the 3rd quarter worth approximately $81,000. Osaic Holdings Inc. increased its stake in shares of Morgan Stanley China A Share Fund by 39.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock worth $129,000 after purchasing an additional 2,658 shares in the last quarter. Cresset Asset Management LLC increased its stake in shares of Morgan Stanley China A Share Fund by 10.4% during the 2nd quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock worth $152,000 after purchasing an additional 1,040 shares in the last quarter. Finally, Susquehanna International Group LLP increased its stake in shares of Morgan Stanley China A Share Fund by 17.7% during the 3rd quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock worth $233,000 after purchasing an additional 2,105 shares in the last quarter.

About Morgan Stanley China A Share Fund

The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.

Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.