Short Interest in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Expands By 111.6%

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totalling 9,100 shares, an increase of 111.6% from the May 31st total of 4,300 shares. Based on an average trading volume of 32,600 shares, the days-to-cover ratio is presently 0.3 days.

Morgan Stanley China A Share Fund Stock Up 0.4 %

Shares of NYSE:CAF opened at $11.75 on Friday. Morgan Stanley China A Share Fund has a fifty-two week low of $11.55 and a fifty-two week high of $13.60. The firm’s 50 day moving average price is $12.18 and its 200 day moving average price is $12.29.

Institutional Trading of Morgan Stanley China A Share Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its position in shares of Morgan Stanley China A Share Fund by 16.9% during the third quarter. PNC Financial Services Group Inc. now owns 15,020 shares of the investment management company’s stock worth $187,000 after acquiring an additional 2,175 shares during the last quarter. Quarry LP purchased a new position in shares of Morgan Stanley China A Share Fund during the fourth quarter worth approximately $278,000. Matisse Capital purchased a new position in shares of Morgan Stanley China A Share Fund during the fourth quarter worth approximately $538,000. Karpus Management Inc. grew its position in shares of Morgan Stanley China A Share Fund by 8.5% during the fourth quarter. Karpus Management Inc. now owns 622,085 shares of the investment management company’s stock worth $7,925,000 after acquiring an additional 48,879 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. grew its position in shares of Morgan Stanley China A Share Fund by 7.9% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 7,353,535 shares of the investment management company’s stock worth $93,684,000 after acquiring an additional 538,787 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.