Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Update

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 35,200 shares, a decline of 23.1% from the February 13th total of 45,800 shares. Based on an average trading volume of 45,700 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s stock are short sold.

Morgan Stanley India Investment Fund Stock Performance

Morgan Stanley India Investment Fund stock traded up $0.18 during midday trading on Wednesday, hitting $24.08. 3,564 shares of the company were exchanged, compared to its average volume of 41,328. The company’s fifty day moving average price is $24.01 and its 200-day moving average price is $26.55. Morgan Stanley India Investment Fund has a fifty-two week low of $22.38 and a fifty-two week high of $30.41.

Hedge Funds Weigh In On Morgan Stanley India Investment Fund

A number of institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC raised its position in shares of Morgan Stanley India Investment Fund by 10.9% in the 4th quarter. Sanctuary Advisors LLC now owns 8,904 shares of the company’s stock valued at $216,000 after purchasing an additional 872 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its position in shares of Morgan Stanley India Investment Fund by 30.6% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 7,683 shares of the company’s stock valued at $194,000 after acquiring an additional 1,800 shares in the last quarter. Elequin Capital LP acquired a new stake in shares of Morgan Stanley India Investment Fund during the 4th quarter valued at approximately $54,000. Jones Financial Companies Lllp raised its position in shares of Morgan Stanley India Investment Fund by 30.4% during the 4th quarter. Jones Financial Companies Lllp now owns 10,000 shares of the company’s stock valued at $253,000 after acquiring an additional 2,331 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Morgan Stanley India Investment Fund by 32.8% during the 4th quarter. HighTower Advisors LLC now owns 10,929 shares of the company’s stock valued at $276,000 after acquiring an additional 2,699 shares in the last quarter. 36.96% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley India Investment Fund Company Profile

Morgan Stanley India Investment Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors.