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) was the recipient of a significant 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 trading volume of 69,400 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MSD. Dynamic Advisor Solutions LLC lifted its position in Morgan Stanley Emerging Markets Debt Fund by 14.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 13,065 shares of the company’s stock valued at $91,000 after acquiring an additional 1,679 shares in the last quarter. Daymark Wealth Partners LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 27.1% in the fourth quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock valued at $98,000 after purchasing an additional 3,000 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in shares of Morgan Stanley Emerging Markets Debt Fund by 50.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock worth $83,000 after buying an additional 4,000 shares during the period. MONECO Advisors LLC bought a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the first quarter worth about $88,000. Finally, Fortitude Family Office LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund in the 4th quarter valued at approximately $97,000.

Morgan Stanley Emerging Markets Debt Fund Stock Down 0.1 %

Shares of Morgan Stanley Emerging Markets Debt Fund stock traded down $0.01 during trading hours on Monday, hitting $7.33. The company’s stock had a trading volume of 47,856 shares, compared to its average volume of 69,820. The stock has a 50 day moving average of $7.21 and a 200 day moving average of $7.12. Morgan Stanley Emerging Markets Debt Fund has a 12 month low of $6.11 and a 12 month high of $7.55.

Morgan Stanley Emerging Markets Debt Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 12.01%. The ex-dividend date is Friday, June 28th.

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.