Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Down 33.8% in March

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 23,300 shares, a decrease of 33.8% from the February 28th total of 35,200 shares. Based on an average daily volume of 41,800 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the stock are short sold.

Morgan Stanley India Investment Fund Price Performance

Morgan Stanley India Investment Fund stock traded down $0.12 during trading hours on Friday, hitting $24.42. The stock had a trading volume of 17,956 shares, compared to its average volume of 40,845. The business’s 50 day simple moving average is $23.95 and its 200-day simple moving average is $26.35. Morgan Stanley India Investment Fund has a one year low of $22.53 and a one year high of $30.41.

Hedge Funds Weigh In On Morgan Stanley India Investment Fund

Hedge funds have recently bought and sold shares of the company. HighTower Advisors LLC bought a new stake in Morgan Stanley India Investment Fund during the third quarter valued at $248,000. Stifel Financial Corp boosted its position in shares of Morgan Stanley India Investment Fund by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 65,506 shares of the company’s stock valued at $1,970,000 after purchasing an additional 3,411 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Morgan Stanley India Investment Fund during the 3rd quarter valued at about $5,052,000. Sanctuary Advisors LLC acquired a new stake in Morgan Stanley India Investment Fund during the third quarter worth approximately $224,000. Finally, Wolverine Asset Management LLC bought a new stake in Morgan Stanley India Investment Fund in the fourth quarter worth approximately $419,000. Institutional investors own 36.96% of the company’s stock.

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.