Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Down 64.8% in August

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 3,413 shares, a drop of 64.8% from the July 30th total of 9,707 shares. Based on an average trading volume of 13,327 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley China A Share Fund during the 1st quarter worth approximately $39,000. Turim 21 Investimentos Ltda. bought a new stake in shares of Morgan Stanley China A Share Fund in the 2nd quarter valued at $112,000. Osaic Holdings Inc. lifted its position in shares of Morgan Stanley China A Share Fund by 39.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock valued at $129,000 after acquiring an additional 2,658 shares during the period. Cresset Asset Management LLC lifted its position in shares of Morgan Stanley China A Share Fund by 10.4% during the 2nd quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock valued at $152,000 after acquiring an additional 1,040 shares during the period. Finally, Susquehanna International Group LLP lifted its position in shares of Morgan Stanley China A Share Fund by 17.7% during the 3rd quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock valued at $233,000 after acquiring an additional 2,105 shares during the period.

Morgan Stanley China A Share Fund Price Performance

Shares of NYSE:CAF opened at $19.03 on Friday. Morgan Stanley China A Share Fund has a 1 year low of $14.90 and a 1 year high of $21.41. The business’s 50-day moving average is $19.89 and its 200-day moving average is $18.96.

Morgan Stanley China A Share Fund Company Profile

The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.

Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.