Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Down 47.4% in July

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 10,432 shares, a decrease of 47.4% from the June 30th total of 19,831 shares. Based on an average daily trading volume, of 18,787 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Saba Capital Management L.P. increased its holdings in shares of Morgan Stanley China A Share Fund by 130.9% during the 4th quarter. Saba Capital Management L.P. now owns 634,953 shares of the investment management company’s stock valued at $11,023,000 after purchasing an additional 359,942 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Morgan Stanley China A Share Fund by 10.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,847,716 shares of the investment management company’s stock valued at $32,335,000 after buying an additional 172,697 shares during the period. Sculptor Capital LP acquired a new stake in Morgan Stanley China A Share Fund during the first quarter valued at $1,834,000. Public Employees Retirement System of Ohio increased its holdings in Morgan Stanley China A Share Fund by 11.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 755,912 shares of the investment management company’s stock valued at $13,123,000 after buying an additional 77,944 shares in the last quarter. Finally, Lazard Asset Management LLC increased its holdings in Morgan Stanley China A Share Fund by 2.9% in the fourth quarter. Lazard Asset Management LLC now owns 2,369,996 shares of the investment management company’s stock valued at $41,143,000 after buying an additional 66,471 shares in the last quarter.

Morgan Stanley China A Share Fund Stock Down 0.2%

Morgan Stanley China A Share Fund stock traded down $0.04 during midday trading on Thursday, hitting $19.37. 20,252 shares of the company were exchanged, compared to its average volume of 45,448. The business has a fifty day simple moving average of $20.09 and a two-hundred day simple moving average of $18.80. Morgan Stanley China A Share Fund has a fifty-two week low of $13.71 and a fifty-two week high of $21.41.

Morgan Stanley China A Share Fund Company Profile

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.