The China Fund, Inc. (NYSE:CHN – Get Free Report) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 11,400 shares, a growth of 37.3% from the February 13th total of 8,300 shares. Based on an average daily volume of 36,200 shares, the short-interest ratio is currently 0.3 days.
The China Fund Stock Performance
Shares of NYSE CHN traded up $0.38 during mid-day trading on Friday, reaching $13.52. 46,171 shares of the company traded hands, compared to its average volume of 32,340. The company’s fifty day moving average is $12.31 and its two-hundred day moving average is $12.00. The China Fund has a fifty-two week low of $9.29 and a fifty-two week high of $14.74.
The China Fund Increases Dividend
The business also recently disclosed an annual dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were issued a dividend of $0.1497 per share. This is a positive change from The China Fund’s previous annual dividend of $0.02. The ex-dividend date of this dividend was Monday, December 30th. This represents a dividend yield of 0.2%.
Institutional Inflows and Outflows
The China Fund Company Profile
The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.
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