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 recipient of a large increase in short interest in 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 short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CAF. City of London Investment Management Co. Ltd. increased its stake in 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 during the period. Saba Capital Management L.P. boosted 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 buying an additional 359,942 shares during the period. Lazard Asset Management LLC grew its stake in shares of Morgan Stanley China A Share Fund by 2.9% in the fourth quarter. Lazard Asset Management LLC now owns 2,369,996 shares of the investment management company’s stock worth $41,143,000 after acquiring an additional 66,471 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Morgan Stanley China A Share Fund by 11.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 755,912 shares of the investment management company’s stock worth $13,123,000 after acquiring an additional 77,944 shares in the last quarter. Finally, Cohen & Steers Inc. increased its position in shares of Morgan Stanley China A Share Fund by 67.6% during the fourth quarter. Cohen & Steers Inc. now owns 62,000 shares of the investment management company’s stock worth $1,076,000 after acquiring an additional 25,000 shares during the period.

Morgan Stanley China A Share Fund Stock Performance

Shares of Morgan Stanley China A Share Fund stock opened at $20.64 on Friday. The business has a 50-day moving average of $19.72 and a 200 day moving average of $18.43. Morgan Stanley China A Share Fund has a 12 month low of $13.61 and a 12 month high of $21.41.

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.