The China Fund, Inc. (NYSE:CHN) Short Interest Up 37.3% in February

The China Fund, Inc. (NYSE:CHN) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 11,400 shares, an increase of 37.3% from the February 13th total of 8,300 shares. Based on an average daily trading volume, of 36,200 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On The China Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new position in The China Fund during the fourth quarter valued at $299,000. Cohen & Steers Inc. purchased a new position in The China Fund during the fourth quarter valued at $306,000. Vista Investment Management lifted its position in The China Fund by 5.7% during the fourth quarter. Vista Investment Management now owns 27,850 shares of the investment management company’s stock valued at $332,000 after purchasing an additional 1,500 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in The China Fund during the fourth quarter valued at $800,000. Finally, Shaker Financial Services LLC lifted its position in The China Fund by 8.3% during the fourth quarter. Shaker Financial Services LLC now owns 68,086 shares of the investment management company’s stock valued at $822,000 after purchasing an additional 5,194 shares in the last quarter.

The China Fund Stock Performance

Shares of CHN stock traded down $0.10 on Tuesday, reaching $13.91. The stock had a trading volume of 10,695 shares, compared to its average volume of 32,289. The China Fund has a 1 year low of $9.29 and a 1 year high of $14.74. The company has a 50 day simple moving average of $12.36 and a 200 day simple moving average of $12.05.

The China Fund Company Profile

The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.