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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,875 shares, a growth of 101.4% from the August 15th total of 3,413 shares. Based on an average daily trading volume, of 17,063 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Morgan Stanley China A Share Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in CAF. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley China A Share Fund in the first quarter valued at about $39,000. Readystate Asset Management LP acquired a new stake in Morgan Stanley China A Share Fund in the second quarter valued at $455,000. Royal Bank of Canada grew its position in shares of Morgan Stanley China A Share Fund by 10.7% in the 1st quarter. Royal Bank of Canada now owns 27,462 shares of the investment management company’s stock valued at $481,000 after acquiring an additional 2,660 shares during the period. Sculptor Capital LP bought a new position in Morgan Stanley China A Share Fund during the first quarter worth $1,834,000. Finally, Public Employees Retirement System of Ohio acquired a new position in Morgan Stanley China A Share Fund during the second quarter valued at approximately $7,488,000.

Morgan Stanley China A Share Fund Stock Up 0.7%

Morgan Stanley China A Share Fund stock traded up $0.14 during midday trading on Wednesday, reaching $18.29. The stock had a trading volume of 818 shares, compared to its average volume of 39,475. The firm’s fifty day simple moving average is $19.43 and its 200-day simple moving average is $19.01. Morgan Stanley China A Share Fund has a 1-year low of $15.60 and a 1-year 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.