Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 7,300 shares, a drop of 24.0% from the February 13th total of 9,600 shares. Based on an average daily volume of 37,200 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in CAF. HighTower Advisors LLC raised its holdings in Morgan Stanley China A Share Fund by 8.0% in the 3rd quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after buying an additional 1,031 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Morgan Stanley China A Share Fund in the 3rd quarter valued at approximately $9,304,000. Dakota Wealth Management raised its holdings in Morgan Stanley China A Share Fund by 4.2% in the 4th quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock valued at $257,000 after buying an additional 840 shares during the last quarter. Calamos Advisors LLC bought a new position in Morgan Stanley China A Share Fund in the 4th quarter valued at approximately $140,000. Finally, Wolverine Asset Management LLC raised its holdings in Morgan Stanley China A Share Fund by 88.2% in the 4th quarter. Wolverine Asset Management LLC now owns 83,378 shares of the investment management company’s stock valued at $1,039,000 after buying an additional 39,075 shares during the last quarter.
Morgan Stanley China A Share Fund Stock Performance
CAF opened at $13.35 on Wednesday. The company’s 50 day moving average is $12.64 and its 200-day moving average is $12.68. 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 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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