Short Interest in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Grows By 35.2%

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 24,600 shares, a growth of 35.2% from the September 15th total of 18,200 shares. Based on an average daily volume of 46,100 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Morgan Stanley India Investment Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 23.3% during the second quarter. Blue Bell Private Wealth Management LLC now owns 7,283 shares of the company’s stock worth $195,000 after buying an additional 1,377 shares in the last quarter. Calamos Advisors LLC increased its stake in shares of Morgan Stanley India Investment Fund by 46.5% in the second quarter. Calamos Advisors LLC now owns 13,878 shares of the company’s stock valued at $371,000 after buying an additional 4,402 shares during the period. Bank of Montreal Can raised its holdings in Morgan Stanley India Investment Fund by 18.9% in the 2nd quarter. Bank of Montreal Can now owns 29,560 shares of the company’s stock valued at $791,000 after buying an additional 4,700 shares during the last quarter. Logan Stone Capital LLC bought a new position in Morgan Stanley India Investment Fund in the 2nd quarter valued at approximately $1,115,000. Finally, Almitas Capital LLC boosted its position in Morgan Stanley India Investment Fund by 2.3% during the 2nd quarter. Almitas Capital LLC now owns 114,751 shares of the company’s stock worth $3,070,000 after buying an additional 2,560 shares during the period. Institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Down 0.2 %

NYSE IIF traded down $0.07 during trading on Tuesday, hitting $28.76. 10,612 shares of the company’s stock were exchanged, compared to its average volume of 41,264. The stock’s 50 day moving average price is $28.22 and its two-hundred day moving average price is $26.08. Morgan Stanley India Investment Fund has a fifty-two week low of $20.89 and a fifty-two week high of $30.41.

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.