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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 5,100 shares, an increase of 18.6% from the January 15th total of 4,300 shares. Based on an average daily trading volume, of 40,400 shares, the days-to-cover ratio is currently 0.1 days.

Morgan Stanley China A Share Fund Stock Up 1.8 %

Shares of CAF stock opened at $12.79 on Monday. The stock’s fifty day simple moving average is $12.52 and its 200 day simple moving average is $12.47. Morgan Stanley China A Share Fund has a one year low of $11.00 and a one year high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

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

Institutional Trading of Morgan Stanley China A Share Fund

Institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio acquired a new position in Morgan Stanley China A Share Fund in the third quarter worth $9,304,000. Wolverine Asset Management LLC boosted its stake in 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 purchasing an additional 39,075 shares in the last quarter. Shaker Financial Services LLC boosted its stake in Morgan Stanley China A Share Fund by 20.9% in the fourth quarter. Shaker Financial Services LLC now owns 37,588 shares of the investment management company’s stock worth $468,000 after purchasing an additional 6,500 shares in the last quarter. Cohen & Steers Inc. acquired a new position in Morgan Stanley China A Share Fund in the fourth quarter worth $336,000. Finally, Stifel Financial Corp acquired a new position in Morgan Stanley China A Share Fund in the fourth quarter worth $320,000.

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.