Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Up 70.0% in June

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,215 shares, an increase of 70.0% from the May 31st total of 7,186 shares. Based on an average trading volume of 22,024 shares, the days-to-cover ratio is currently 0.6 days.

Morgan Stanley China A Share Fund Price Performance

Shares of CAF stock traded down $0.69 during trading hours on Thursday, reaching $20.64. 31,041 shares of the stock were exchanged, compared to its average volume of 49,048. Morgan Stanley China A Share Fund has a 12-month low of $13.61 and a 12-month high of $21.41. The company’s 50-day moving average price is $19.62 and its 200-day moving average price is $18.39.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. City of London Investment Management Co. Ltd. raised its holdings in shares of Morgan Stanley China A Share Fund by 3.3% in the third 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 during the period. Lazard Asset Management LLC boosted its holdings in 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 valued at $41,143,000 after acquiring an additional 66,471 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in 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 valued at $32,335,000 after acquiring an additional 172,697 shares during the period. Public Employees Retirement System of Ohio grew its position in Morgan Stanley China A Share Fund by 11.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 755,912 shares of the investment management company’s stock valued at $13,123,000 after acquiring an additional 77,944 shares during the last quarter. Finally, Saba Capital Management L.P. grew its position in Morgan Stanley China A Share Fund by 130.9% in the 4th quarter. Saba Capital Management L.P. now owns 634,953 shares of the investment management company’s stock valued at $11,023,000 after acquiring an additional 359,942 shares during the last quarter.

About Morgan Stanley China A Share Fund

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.