Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 4,000 shares, a decrease of 45.2% from the February 28th total of 7,300 shares. Based on an average daily trading volume, of 33,000 shares, the days-to-cover ratio is currently 0.1 days.
Morgan Stanley China A Share Fund Price Performance
Shares of CAF remained flat at $13.06 during trading hours on Friday. The company had a trading volume of 1,694 shares, compared to its average volume of 44,323. The company’s fifty day moving average price is $12.78 and its two-hundred day moving average price is $12.75. Morgan Stanley China A Share Fund has a fifty-two week low of $11.00 and a fifty-two week high of $16.11.
Institutional Trading of Morgan Stanley China A Share Fund
Several hedge funds and other institutional investors have recently bought and sold shares of CAF. Public Employees Retirement System of Ohio purchased a new position in Morgan Stanley China A Share Fund during the third quarter worth approximately $9,304,000. Wolverine Asset Management LLC lifted its stake in shares of Morgan Stanley China A Share Fund by 88.2% in the fourth 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 in the last quarter. Quantedge Capital Pte Ltd increased its stake in shares of Morgan Stanley China A Share Fund by 2.7% in the fourth quarter. Quantedge Capital Pte Ltd now owns 62,151 shares of the investment management company’s stock worth $774,000 after buying an additional 1,650 shares during the last quarter. Shaker Financial Services LLC raised its stake in shares of Morgan Stanley China A Share Fund by 20.9% in the 4th quarter. Shaker Financial Services LLC now owns 37,588 shares of the investment management company’s stock valued at $468,000 after purchasing an additional 6,500 shares in the last quarter. Finally, CSS LLC IL grew its stake in Morgan Stanley China A Share Fund by 4.2% in the fourth quarter. CSS LLC IL now owns 29,874 shares of the investment management company’s stock worth $372,000 after purchasing an additional 1,200 shares in the last quarter.
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.
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