Short Interest in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Increases By 1,760.0%

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 9,300 shares, an increase of 1,760.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 50,100 shares, the days-to-cover ratio is currently 0.2 days.

Morgan Stanley China A Share Fund Stock Performance

NYSE:CAF opened at $12.52 on Wednesday. The stock’s 50 day moving average price is $12.49 and its 200 day moving average price is $12.37. Morgan Stanley China A Share Fund has a 52 week low of $11.00 and a 52 week high of $16.11.

Morgan Stanley China A Share Fund Increases Dividend

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

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Morgan Stanley China A Share Fund in the third quarter worth about $9,304,000. Shaker Financial Services LLC lifted its holdings in Morgan Stanley China A Share Fund by 6.8% in the 3rd quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock worth $421,000 after purchasing an additional 1,987 shares during the last quarter. Dakota Wealth Management boosted its position in Morgan Stanley China A Share Fund by 4.2% during the fourth quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock worth $257,000 after purchasing an additional 840 shares during the period. HighTower Advisors LLC grew its holdings in Morgan Stanley China A Share Fund by 8.0% during the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after purchasing an additional 1,031 shares during the last quarter. Finally, Calamos Advisors LLC bought a new position in shares of Morgan Stanley China A Share Fund in the fourth quarter valued at approximately $140,000.

Morgan Stanley China A Share Fund Company Profile

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.