Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Sees Large Increase in Short Interest

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

Morgan Stanley China A Share Fund Stock Up 1.1 %

Shares of Morgan Stanley China A Share Fund stock traded up $0.14 on Tuesday, hitting $12.60. The company had a trading volume of 40,064 shares, compared to its average volume of 52,411. Morgan Stanley China A Share Fund has a twelve month low of $11.00 and a twelve month high of $16.11. The stock has a 50-day moving average of $12.95 and a 200-day moving average of $12.24.

Morgan Stanley China A Share Fund Increases Dividend

The company 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. This is a boost from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12. This represents a dividend yield of 1%. The ex-dividend date of this dividend is Friday, December 13th.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Several hedge funds have recently made changes to their positions in CAF. Public Employees Retirement System of Ohio bought a new position in shares of Morgan Stanley China A Share Fund in the 3rd quarter valued at about $9,304,000. HighTower Advisors LLC increased its holdings in shares of Morgan Stanley China A Share Fund by 8.0% during the 3rd quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock worth $186,000 after acquiring an additional 1,031 shares during the last quarter. Shaker Financial Services LLC raised its position in shares of Morgan Stanley China A Share Fund by 6.8% in the third quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock valued at $421,000 after purchasing an additional 1,987 shares during the period. City of London Investment Management Co. Ltd. raised its holdings in Morgan Stanley China A Share Fund by 5.2% in 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 period. Finally, Wolverine Asset Management LLC lifted its holdings in Morgan Stanley China A Share Fund by 18.4% during the 2nd 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.

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.