Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Up 101.4% in August

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of 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 volume of 17,063 shares, the short-interest ratio is currently 0.4 days.

Morgan Stanley China A Share Fund Price Performance

Shares of NYSE CAF traded down $0.09 during trading hours on Monday, hitting $18.32. 2,263 shares of the company’s stock were exchanged, compared to its average volume of 39,790. The company’s 50-day moving average price is $19.48 and its 200-day moving average price 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.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC boosted its position in shares of Morgan Stanley China A Share Fund by 10.3% in 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 acquiring an additional 172,697 shares during the period. Public Employees Retirement System of Ohio bought a new position in Morgan Stanley China A Share Fund during the second quarter worth $7,488,000. Sculptor Capital LP acquired a new position in Morgan Stanley China A Share Fund during the 1st quarter valued at $1,834,000. Royal Bank of Canada raised its stake in Morgan Stanley China A Share Fund by 10.7% during the 1st quarter. Royal Bank of Canada now owns 27,462 shares of the investment management company’s stock valued at $481,000 after purchasing an additional 2,660 shares during the last quarter. Finally, Readystate Asset Management LP bought a new stake in Morgan Stanley China A Share Fund in the 2nd quarter valued at $455,000.

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.