Morgan Stanley China A Share Fund (NYSE:CAF) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.79 and traded as low as $11.95. Morgan Stanley China A Share Fund shares last traded at $12.19, with a volume of 96,495 shares trading hands.

Morgan Stanley China A Share Fund Stock Performance

The business has a fifty day simple moving average of $12.81 and a 200 day simple moving average of $12.80.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Large investors have recently bought and sold shares of the stock. CSS LLC IL raised its holdings in shares of Morgan Stanley China A Share Fund by 4.2% in the fourth quarter. CSS LLC IL now owns 29,874 shares of the investment management company’s stock valued at $372,000 after purchasing an additional 1,200 shares during the last quarter. Quantedge Capital Pte Ltd grew its position in Morgan Stanley China A Share Fund by 2.7% in the 4th quarter. Quantedge Capital Pte Ltd now owns 62,151 shares of the investment management company’s stock worth $774,000 after purchasing an additional 1,650 shares in the last quarter. Stifel Financial Corp purchased a new stake in Morgan Stanley China A Share Fund in the 4th quarter valued at about $320,000. Shaker Financial Services LLC lifted its position in shares of Morgan Stanley China A Share Fund by 20.9% during the 4th quarter. Shaker Financial Services LLC now owns 37,588 shares of the investment management company’s stock worth $468,000 after buying an additional 6,500 shares in the last quarter. Finally, Cohen & Steers Inc. purchased a new position in shares of Morgan Stanley China A Share Fund in the 4th quarter worth approximately $336,000.

About Morgan Stanley China A Share Fund

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.