The China Fund, Inc. (NYSE:CHN) Short Interest Down 64.9% in March

The China Fund, Inc. (NYSE:CHN) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 4,000 shares, a drop of 64.9% from the February 28th total of 11,400 shares. Based on an average trading volume of 34,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On The China Fund

Several large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new stake in The China Fund in the 3rd quarter valued at $5,812,000. Wolverine Asset Management LLC acquired a new stake in shares of The China Fund in the 4th quarter valued at $800,000. Cohen & Steers Inc. acquired a new stake in shares of The China Fund in the 4th quarter valued at $306,000. Farther Finance Advisors LLC bought a new stake in shares of The China Fund in the 4th quarter worth about $299,000. Finally, Shaker Financial Services LLC increased its position in shares of The China Fund by 8.3% during the 4th quarter. Shaker Financial Services LLC now owns 68,086 shares of the investment management company’s stock worth $822,000 after purchasing an additional 5,194 shares in the last quarter.

The China Fund Price Performance

NYSE CHN opened at $13.14 on Thursday. The China Fund has a twelve month low of $9.29 and a twelve month high of $14.74. The company’s 50-day simple moving average is $12.67 and its 200 day simple moving average is $12.21.

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.