Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 7,186 shares, a drop of 50.2% from the May 14th total of 14,431 shares. Based on an average trading volume of 36,451 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of Morgan Stanley China A Share Fund
Several large investors have recently modified their holdings of the business. Fifth Third Bancorp purchased a new position in shares of Morgan Stanley China A Share Fund during the 1st quarter worth approximately $39,000. Acuitas Investments LLC purchased a new position in Morgan Stanley China A Share Fund during the third quarter worth $81,000. Osaic Holdings Inc. raised its holdings in shares of Morgan Stanley China A Share Fund by 39.6% in the second quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock worth $129,000 after acquiring an additional 2,658 shares during the last quarter. Cresset Asset Management LLC lifted its position in shares of Morgan Stanley China A Share Fund by 10.4% in the second quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock valued at $152,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its stake in shares of Morgan Stanley China A Share Fund by 17.7% during the third quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock valued at $233,000 after acquiring an additional 2,105 shares during the last quarter.
Morgan Stanley China A Share Fund Stock Performance
CAF opened at $19.49 on Friday. Morgan Stanley China A Share Fund has a 1-year low of $13.25 and a 1-year high of $20.57. The stock’s 50 day simple moving average is $18.87 and its 200 day simple moving average is $18.02.
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.
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