Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Short Interest Down 14.1% in June

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 35,800 shares, a decline of 14.1% from the May 31st total of 41,700 shares. Based on an average daily volume of 69,400 shares, the days-to-cover ratio is presently 0.5 days.

Morgan Stanley Emerging Markets Debt Fund Price Performance

MSD traded up $0.02 during trading on Tuesday, reaching $7.35. The company’s stock had a trading volume of 115,812 shares, compared to its average volume of 70,185. Morgan Stanley Emerging Markets Debt Fund has a 52-week low of $6.11 and a 52-week high of $7.55. The company’s fifty day moving average price is $7.22 and its 200-day moving average price is $7.13.

Morgan Stanley Emerging Markets Debt Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 11.97%. The ex-dividend date is Friday, June 28th.

Institutional Investors Weigh In On Morgan Stanley Emerging Markets Debt Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Fortitude Family Office LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund during the 4th quarter worth approximately $97,000. Daymark Wealth Partners LLC boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 27.1% during the 4th quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock worth $98,000 after acquiring an additional 3,000 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 14.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 13,065 shares of the company’s stock worth $91,000 after acquiring an additional 1,679 shares in the last quarter. Cullen Frost Bankers Inc. boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 50.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock worth $83,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Wealthstar Advisors LLC boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 86.2% during the 4th quarter. Wealthstar Advisors LLC now owns 75,546 shares of the company’s stock worth $525,000 after acquiring an additional 34,979 shares in the last quarter.

About Morgan Stanley Emerging Markets Debt Fund

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.