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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 9,300 shares, an increase of 1,760.0% from the December 15th 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

Shares of CAF stock traded down $0.05 on Monday, hitting $12.00. 5,076 shares of the stock traded hands, compared to its average volume of 11,695. Morgan Stanley China A Share Fund has a 1-year low of $11.00 and a 1-year high of $16.11. The company’s fifty day moving average is $12.66 and its 200 day moving average is $12.31.

Morgan Stanley China A Share Fund Increases Dividend

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

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

A number of institutional investors have recently bought and sold shares of CAF. City of London Investment Management Co. Ltd. grew its stake in 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 in the last quarter. Shaker Financial Services LLC grew its stake in Morgan Stanley China A Share Fund by 6.8% during the 3rd quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock valued at $421,000 after acquiring an additional 1,987 shares in the last quarter. HighTower Advisors LLC grew its stake in 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 valued at $186,000 after acquiring an additional 1,031 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Morgan Stanley China A Share Fund during the 3rd quarter valued at about $9,304,000.

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.