Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Update

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 5,310 shares, a decrease of 69.9% from the April 15th total of 17,623 shares. Based on an average trading volume of 44,445 shares, the days-to-cover ratio is presently 0.1 days.

Morgan Stanley China A Share Fund Trading Up 0.0%

NYSE:CAF opened at $19.99 on Wednesday. The stock has a fifty day moving average price of $17.85 and a 200-day moving average price of $17.52. Morgan Stanley China A Share Fund has a fifty-two week low of $12.85 and a fifty-two week high of $20.57.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

A number of institutional investors have recently modified their holdings of CAF. Saba Capital Management L.P. raised its holdings in shares of Morgan Stanley China A Share Fund by 130.9% during the 4th quarter. Saba Capital Management L.P. now owns 634,953 shares of the investment management company’s stock worth $11,023,000 after buying an additional 359,942 shares in the last quarter. City of London Investment Management Co. Ltd. raised its holdings in shares of Morgan Stanley China A Share Fund by 3.3% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 6,147,824 shares of the investment management company’s stock worth $102,361,000 after buying an additional 197,503 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Morgan Stanley China A Share Fund by 10.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,847,716 shares of the investment management company’s stock worth $32,335,000 after buying an additional 172,697 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Morgan Stanley China A Share Fund by 11.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 755,912 shares of the investment management company’s stock worth $13,123,000 after buying an additional 77,944 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of Morgan Stanley China A Share Fund by 2.9% during the 4th quarter. Lazard Asset Management LLC now owns 2,369,996 shares of the investment management company’s stock worth $41,143,000 after buying an additional 66,471 shares in the last quarter.

Morgan Stanley China A Share Fund Company Profile

The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.

Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.