Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Stock Short Interest Report for September

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 18,341 shares, an increase of 168.9% from the September 15th total of 6,820 shares. Based on an average daily trading volume, of 10,615 shares, the short-interest ratio is currently 1.7 days.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

A number of hedge funds have recently bought and sold shares of CAF. Fifth Third Bancorp purchased a new position in Morgan Stanley China A Share Fund during the 1st quarter worth $39,000. Readystate Asset Management LP purchased a new stake in shares of Morgan Stanley China A Share Fund in the second quarter valued at about $455,000. Royal Bank of Canada raised its holdings in shares of Morgan Stanley China A Share Fund by 10.7% in the first 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. Sculptor Capital LP bought a new position in shares of Morgan Stanley China A Share Fund during the first quarter valued at about $1,834,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Morgan Stanley China A Share Fund during the second quarter valued at about $7,488,000.

Morgan Stanley China A Share Fund Trading Up 0.1%

Morgan Stanley China A Share Fund stock traded up $0.01 during trading on Monday, hitting $17.21. 4,894 shares of the company were exchanged, compared to its average volume of 36,729. The business’s 50 day moving average is $18.67 and its 200 day moving average is $19.05. Morgan Stanley China A Share Fund has a 52 week low of $15.60 and a 52 week high of $21.41.

Morgan Stanley China A Share Fund Company Profile

Morgan Stanley China A Share Fund, Inc (NYSE: CAF) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in the equity securities of companies based in, or deriving a significant portion of their business from, the People’s Republic of China.

The fund focuses on China A-shares, which are shares of companies listed on mainland Chinese stock exchanges, including the Shanghai and Shenzhen exchanges. Its portfolio may provide exposure to a range of industries and sectors within China’s economy, with investments selected through fundamental research and portfolio management conducted by Morgan Stanley Investment Management.

The fund was established to give investors access to China’s domestic equity markets, which have historically been subject to regulatory, currency, political and market risks distinct from those of developed markets.