At $23.04 Morgan Stanley China A Share Fund, Inc. (CAF) Forms Bullish Double Top

June 29, 2018 - By Nell Hawkins

Big Money Sentiment decreased to 1.28 in 2018 Q1. It has change of 0.15, from 2017Q4’s 1.43. The ratio turned negative due to Morgan Stanley China A Share Fund, Inc. positioning: 6 sold and 12 reduced. 10 funds acquired stakes and 13 increased stakes. Investors holded 9.04 million in 2017Q4 but now own 8.82 million shares or 2.44% less.
Morgan Stanley, a New York-based fund reported 65,666 shs. 3,194 are held by Thomas J Herzfeld Advsrs Inc. Valley National Advisers reported 50 shs or 0% of all its holdings. Moreover, Pnc Fincl has 0% invested in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Cornerstone Advsrs owns 404,615 shs. Group One Trading L P has invested 0% in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Altfest L J & Commerce reported 8,294 shs or 0.09% of all its holdings. St Johns Invest Management Limited accumulated 1,970 shs. Lazard Asset Management Llc holds 0.17% of its capital in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) for 3.66M shs. Blue Bell Private Wealth Limited Company invested 0.01% in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). City Of London Invest Mgmt holds 94,548 shs. Bankshares Of America De holds 0% of its capital in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) for 142,576 shs. Hightower Advisors Ltd Liability owns 133,639 shs. Nine Masts Capital reported 0.16% in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Css Il owns 19,169 shs.

Morgan Stanley China A Share Fund, Inc. (CAF) makes double top. It has $24.65 target and $23.04 price per share. It has $ market cap. Finviz.com posted it on Jun, 29. If our $24.65 target is reached CAF’s valuation can change by $.

Ticker’s shares touched $23.04 during the last trading session after 2.08% change.Morgan Stanley China A Share Fund, Inc. has volume of 125,516 shares. Since June 29, 2017 CAF has risen 36.72% and is uptrending. CAF outperformed by 24.15% the S&P500.

Another two news for Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) were briefly released by: Seekingalpha.com on June 05, 2018 with title “These 15 Closed-End Funds Are Consistent Market Beaters – Part 1”. The other Seekingalpha.com‘s article was titled “These 15 Closed-End Funds Are Consistent Market Beaters – Part 2” and released on June 08, 2018.

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