Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Short Interest Up 171.8% in May

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 14,431 shares, an increase of 171.8% from the April 30th total of 5,310 shares. Based on an average daily volume of 64,601 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. City of London Investment Management Co. Ltd. grew its stake in Morgan Stanley China A Share Fund by 3.3% in 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 acquiring an additional 197,503 shares during the period. Lazard Asset Management LLC grew its stake in Morgan Stanley China A Share Fund by 2.9% in 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 acquiring an additional 66,471 shares during the period. Allspring Global Investments Holdings LLC grew its stake in Morgan Stanley China A Share Fund by 10.3% in 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 acquiring an additional 172,697 shares during the period. Public Employees Retirement System of Ohio grew its stake 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 worth $13,123,000 after acquiring an additional 77,944 shares during the period. Finally, Saba Capital Management L.P. grew its stake 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 worth $11,023,000 after acquiring an additional 359,942 shares during the period.

Morgan Stanley China A Share Fund Trading Up 1.0%

Shares of CAF traded up $0.19 during mid-day trading on Friday, reaching $20.14. 37,651 shares of the company’s stock were exchanged, compared to its average volume of 55,063. The company has a 50-day simple moving average of $18.38 and a two-hundred day simple moving average of $17.79. Morgan Stanley China A Share Fund has a 52-week low of $12.91 and a 52-week high of $20.57.

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.