Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Sees Large Drop in Short Interest

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 500 shares, a decrease of 92.2% from the November 30th total of 6,400 shares. Based on an average daily volume of 76,300 shares, the short-interest ratio is presently 0.0 days.

Morgan Stanley China A Share Fund Stock Down 1.0 %

NYSE:CAF traded down $0.13 during mid-day trading on Friday, reaching $12.52. The company’s stock had a trading volume of 59,139 shares, compared to its average volume of 51,689. The company’s fifty day simple moving average is $12.80 and its two-hundred day simple moving average is $12.27. Morgan Stanley China A Share Fund has a twelve month low of $11.00 and a twelve month high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.3272 per share. The ex-dividend date is Friday, December 13th. This represents a dividend yield of 1%. This is a positive change from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

Hedge funds have recently bought and sold shares of the business. HighTower Advisors LLC raised its position in shares of Morgan Stanley China A Share Fund by 8.0% during the 3rd quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after acquiring an additional 1,031 shares in the last quarter. Shaker Financial Services LLC grew its position in shares of Morgan Stanley China A Share Fund by 6.8% during the third quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock worth $421,000 after acquiring an additional 1,987 shares during the last quarter. Wolverine Asset Management LLC increased its stake in shares of Morgan Stanley China A Share Fund by 18.4% in the second quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock valued at $692,000 after purchasing an additional 9,165 shares during the period. Matisse Capital increased its position in Morgan Stanley China A Share Fund by 39.9% in the 2nd quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock valued at $2,174,000 after acquiring an additional 52,750 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Morgan Stanley China A Share Fund during the third quarter valued at about $9,304,000.

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.