Short Interest in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Expands By 6.7%

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 6,400 shares, a growth of 6.7% from the November 15th total of 6,000 shares. Based on an average trading volume of 81,300 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new position in Morgan Stanley China A Share Fund during the third quarter valued at approximately $9,304,000. City of London Investment Management Co. Ltd. boosted its position in shares of Morgan Stanley China A Share Fund by 5.2% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 5,946,342 shares of the investment management company’s stock valued at $69,870,000 after acquiring an additional 294,810 shares during the last quarter. Matisse Capital boosted its position in shares of Morgan Stanley China A Share Fund by 39.9% during the 2nd quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock valued at $2,174,000 after acquiring an additional 52,750 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Morgan Stanley China A Share Fund by 1.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,585,829 shares of the investment management company’s stock valued at $30,383,000 after purchasing an additional 49,057 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in Morgan Stanley China A Share Fund by 18.4% in the second quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock worth $692,000 after purchasing an additional 9,165 shares during the last quarter.

Morgan Stanley China A Share Fund Stock Performance

Shares of NYSE:CAF traded up $0.14 during trading on Tuesday, hitting $12.60. 40,064 shares of the company’s stock were exchanged, compared to its average volume of 52,411. The business’s 50-day simple moving average is $12.95 and its 200 day simple moving average is $12.24. 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 business also recently disclosed an annual dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.3272 per share. The ex-dividend date is Friday, December 13th. This represents a dividend yield of 1%. This is a boost from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

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.