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

June 29, 2018 - By Jeanette Garcia

During Q1 2018 the big money sentiment decreased to 1.28. That’s change of 0.15, from 2017Q4’s 1.43. 6 investors sold all, 12 reduced holdings as Morgan Stanley China A Share Fund, Inc. ratio dropped. 13 increased stakes while 10 funds took stakes. Funds hold 8.82 million shares thus 2.44% less from 2017Q4’s 9.04 million shares.
Moreover, Whittier Trust Of Nevada has 0% invested in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Fincl Bank Of America Corporation De reported 0% of its capital in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Nine Masts Capital Ltd invested in 0.16% or 41,300 shs. Citigroup Inc has invested 0% in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Glob Endowment Management Ltd Partnership accumulated 40,000 shs or 0.14% of the stock. Valley Advisers holds 50 shs. Thomas J Herzfeld Advsr reported 3,194 shs. Bankshares Of Montreal Can reported 2,968 shs. Janney Montgomery Scott Ltd Liability Corporation owns 17,795 shs or 0% of their US capital. City Of London Invest Mgmt Limited invested in 94,548 shs or 0.16% of the stock. Raymond James & Assoc holds 67,648 shs. Moreover, Millennium Limited Liability Co has 0% invested in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) for 39,874 shs. Cornerstone Inc holds 404,615 shs. Wolverine Asset Mngmt Lc has invested 0.04% in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF). Css Ltd Il holds 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&P 500.

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

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