Short Interest in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Expands By 1,760.0%

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 9,300 shares, a growth of 1,760.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 50,100 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Several hedge funds and other institutional investors have recently made changes to their positions in CAF. Shaker Financial Services LLC boosted its stake in shares of Morgan Stanley China A Share Fund by 6.8% in the 3rd quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock valued at $421,000 after buying an additional 1,987 shares during the period. HighTower Advisors LLC lifted its stake in Morgan Stanley China A Share Fund by 8.0% during the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock worth $186,000 after purchasing an additional 1,031 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Morgan Stanley China A Share Fund during the third quarter worth approximately $9,304,000. Dakota Wealth Management lifted its stake in Morgan Stanley China A Share Fund by 4.2% during the fourth quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock worth $257,000 after purchasing an additional 840 shares during the last quarter. Finally, Calamos Advisors LLC purchased a new stake in Morgan Stanley China A Share Fund during the fourth quarter worth approximately $140,000.

Morgan Stanley China A Share Fund Trading Up 0.3 %

Shares of CAF opened at $12.56 on Thursday. The stock has a 50-day simple moving average of $12.49 and a 200-day simple moving average of $12.37. Morgan Stanley China A Share Fund has a 1 year low of $11.00 and a 1 year high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a $0.3272 dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

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.