Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,000 shares, a growth of 106.9% from the October 31st total of 2,900 shares. Based on an average daily trading volume, of 72,300 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Investors Weigh In On Morgan Stanley China A Share Fund
Several institutional investors have recently bought and sold shares of the stock. City of London Investment Management Co. Ltd. grew its position in Morgan Stanley China A Share Fund by 5.2% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 5,946,342 shares of the investment management company’s stock worth $69,870,000 after purchasing an additional 294,810 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Morgan Stanley China A Share Fund by 1.9% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,585,829 shares of the investment management company’s stock worth $30,383,000 after acquiring an additional 49,057 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Morgan Stanley China A Share Fund during the 3rd quarter worth $9,304,000. Matisse Capital grew its position in Morgan Stanley China A Share Fund by 39.9% during the second quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock valued at $2,174,000 after buying an additional 52,750 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in shares of Morgan Stanley China A Share Fund by 18.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock valued at $692,000 after buying an additional 9,165 shares during the last quarter.
Morgan Stanley China A Share Fund Price Performance
NYSE CAF traded down $0.07 during trading hours on Friday, hitting $12.49. The company’s stock had a trading volume of 48,101 shares, compared to its average volume of 52,022. The company’s 50-day simple moving average is $13.14 and its two-hundred day simple moving average is $12.22. Morgan Stanley China A Share Fund has a 52 week low of $11.00 and a 52 week high of $16.11.
About Morgan Stanley China A Share Fund
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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