Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 4,000 shares, a decline of 45.2% from the February 28th total of 7,300 shares. Based on an average daily volume of 33,000 shares, the short-interest ratio is presently 0.1 days.
Morgan Stanley China A Share Fund Price Performance
Shares of Morgan Stanley China A Share Fund stock remained flat at $13.06 during trading on Friday. The stock had a trading volume of 1,694 shares, compared to its average volume of 44,323. The firm’s fifty day simple moving average is $12.78 and its two-hundred day simple moving average is $12.75. Morgan Stanley China A Share Fund has a twelve month low of $11.00 and a twelve month high of $16.11.
Institutional Trading of Morgan Stanley China A Share Fund
A number of hedge funds have recently bought and sold shares of CAF. HighTower Advisors LLC increased its position 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 worth $186,000 after purchasing an additional 1,031 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Morgan Stanley China A Share Fund in the third quarter valued at approximately $9,304,000. Dakota Wealth Management lifted its position in Morgan Stanley China A Share Fund by 4.2% during the 4th quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock worth $257,000 after acquiring an additional 840 shares during the last quarter. Calamos Advisors LLC acquired a new stake in shares of Morgan Stanley China A Share Fund in the fourth quarter valued at about $140,000. Finally, Wolverine Asset Management LLC lifted its holdings in shares of Morgan Stanley China A Share Fund by 88.2% during the fourth quarter. Wolverine Asset Management LLC now owns 83,378 shares of the investment management company’s stock worth $1,039,000 after buying an additional 39,075 shares during the last quarter.
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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