Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Sees Significant Decrease in Short Interest

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 7,300 shares, a decline of 24.0% from the February 13th total of 9,600 shares. Based on an average daily trading volume, of 37,200 shares, the days-to-cover ratio is presently 0.2 days.

Morgan Stanley China A Share Fund Stock Up 2.4 %

Shares of CAF stock traded up $0.31 during trading hours on Monday, reaching $13.49. 35,320 shares of the company’s stock were exchanged, compared to its average volume of 45,257. Morgan Stanley China A Share Fund has a fifty-two week low of $11.00 and a fifty-two week high of $16.11. The business has a fifty day moving average price of $12.60 and a 200-day moving average price of $12.66.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new position in Morgan Stanley China A Share Fund in the third quarter worth $9,304,000. Wolverine Asset Management LLC lifted its holdings in shares of Morgan Stanley China A Share Fund by 88.2% during the 4th quarter. Wolverine Asset Management LLC now owns 83,378 shares of the investment management company’s stock worth $1,039,000 after acquiring an additional 39,075 shares during the period. Cohen & Steers Inc. acquired a new stake in shares of Morgan Stanley China A Share Fund during the 4th quarter valued at about $336,000. Stifel Financial Corp acquired a new stake in shares of Morgan Stanley China A Share Fund during the 4th quarter valued at about $320,000. Finally, Calamos Advisors LLC acquired a new stake in shares of Morgan Stanley China A Share Fund during the 4th quarter valued at about $140,000.

Morgan Stanley China A Share Fund Company Profile

Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.