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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a significant increase in short interest during the month of 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 trading volume of 81,300 shares, the days-to-cover ratio is currently 0.1 days.

Morgan Stanley China A Share Fund Stock Performance

Shares of NYSE CAF traded up $0.14 during trading hours on Tuesday, reaching $12.60. 40,064 shares of the stock traded hands, compared to its average volume of 52,411. The company’s 50-day simple moving average is $12.95 and its two-hundred 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 firm also recently disclosed an annual dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $0.3272 dividend. This represents a dividend yield of 1%. This is a positive change from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

A number of institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC boosted its stake in shares of Morgan Stanley China A Share Fund by 8.0% during the third quarter. HighTower Advisors LLC now owns 13,881 shares of the investment management company’s stock valued at $186,000 after purchasing an additional 1,031 shares during the period. Dakota Wealth Management boosted its position in Morgan Stanley China A Share Fund by 49.6% during the 2nd quarter. Dakota Wealth Management now owns 19,374 shares of the investment management company’s stock valued at $228,000 after buying an additional 6,420 shares during the period. Shaker Financial Services LLC grew its holdings in Morgan Stanley China A Share Fund by 6.8% in the 3rd quarter. Shaker Financial Services LLC now owns 31,088 shares of the investment management company’s stock worth $421,000 after acquiring an additional 1,987 shares during the last quarter. Wolverine Asset Management LLC increased its position in shares of 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 valued at $692,000 after acquiring an additional 9,165 shares during the period. Finally, Matisse Capital raised its stake in shares of Morgan Stanley China A Share Fund by 39.9% during the second 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.

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.