Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Up 70.0% in June

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 12,215 shares, an increase of 70.0% from the May 31st total of 7,186 shares. Based on an average daily volume of 22,024 shares, the days-to-cover ratio is presently 0.6 days.

Morgan Stanley China A Share Fund Trading Down 3.3%

CAF traded down $0.69 during trading on Thursday, hitting $20.64. 31,041 shares of the stock were exchanged, compared to its average volume of 49,048. The firm has a 50 day simple moving average of $19.62 and a 200 day simple moving average of $18.39. Morgan Stanley China A Share Fund has a 1 year low of $13.61 and a 1 year high of $21.41.

Institutional Trading of Morgan Stanley China A Share Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in Morgan Stanley China A Share Fund in the first quarter worth about $39,000. Acuitas Investments LLC bought a new stake in shares of Morgan Stanley China A Share Fund in the 3rd quarter valued at about $81,000. Osaic Holdings Inc. raised its holdings in shares of Morgan Stanley China A Share Fund by 39.6% in the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock valued at $129,000 after purchasing an additional 2,658 shares in the last quarter. Cresset Asset Management LLC lifted its position in shares of Morgan Stanley China A Share Fund by 10.4% in the 2nd quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock worth $152,000 after purchasing 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% in the 3rd quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock worth $233,000 after purchasing an additional 2,105 shares during the period.

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.