Short Interest in The China Fund, Inc. (NYSE:CHN) Decreases By 27.8%

The China Fund, Inc. (NYSE:CHN) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 5,200 shares, a decrease of 27.8% from the September 15th total of 7,200 shares. Based on an average daily trading volume, of 54,600 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 54,600 shares, the short-interest ratio is currently 0.1 days.

The China Fund Stock Up 1.1%

Shares of CHN opened at $18.24 on Friday. The China Fund has a fifty-two week low of $10.60 and a fifty-two week high of $18.89. The firm’s 50 day moving average price is $17.72 and its 200 day moving average price is $15.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Plan Group Financial LLC acquired a new position in The China Fund during the 1st quarter worth approximately $137,000. Calamos Advisors LLC acquired a new position in The China Fund during the 1st quarter worth approximately $182,000. Strs Ohio acquired a new position in The China Fund during the 1st quarter worth approximately $183,000. Jones Financial Companies Lllp grew its holdings in The China Fund by 50,480.6% during the 1st quarter. Jones Financial Companies Lllp now owns 85,987 shares of the investment management company’s stock worth $1,104,000 after acquiring an additional 85,817 shares in the last quarter. Finally, Matisse Capital grew its holdings in The China Fund by 653.4% during the 1st quarter. Matisse Capital now owns 104,905 shares of the investment management company’s stock worth $1,347,000 after acquiring an additional 90,981 shares in the last quarter.

About The China Fund

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.