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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 3,413 shares, a decline of 64.8% from the July 30th total of 9,707 shares. Based on an average daily volume of 13,327 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Cresset Asset Management LLC raised its stake in shares of Morgan Stanley China A Share Fund by 10.4% during the 2nd quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock worth $152,000 after purchasing an additional 1,040 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Morgan Stanley China A Share Fund by 39.6% in the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock valued at $129,000 after buying an additional 2,658 shares in the last quarter. Lazard Asset Management LLC increased its holdings in Morgan Stanley China A Share Fund by 0.4% in the third quarter. Lazard Asset Management LLC now owns 2,303,525 shares of the investment management company’s stock worth $38,354,000 after buying an additional 9,909 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in Morgan Stanley China A Share Fund by 1.9% in the third quarter. Public Employees Retirement System of Ohio now owns 677,968 shares of the investment management company’s stock worth $11,288,000 after buying an additional 12,663 shares during the last quarter. Finally, Susquehanna International Group LLP raised its position in Morgan Stanley China A Share Fund by 17.7% during the third quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock valued at $233,000 after acquiring an additional 2,105 shares in the last quarter.

Morgan Stanley China A Share Fund Trading Down 0.1%

Shares of Morgan Stanley China A Share Fund stock traded down $0.02 on Friday, hitting $19.03. 8,040 shares of the company traded hands, compared to its average volume of 41,595. Morgan Stanley China A Share Fund has a 12-month low of $14.90 and a 12-month high of $21.41. The company has a 50-day moving average price of $19.89 and a 200 day moving average price of $18.96.

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.