Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Down 56.5% in February

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 4,074 shares, a decline of 56.5% from the February 12th total of 9,368 shares. Based on an average trading volume of 43,054 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 43,054 shares, the days-to-cover ratio is presently 0.1 days.

Morgan Stanley India Investment Fund Price Performance

NYSE IIF traded down $0.42 during mid-day trading on Friday, reaching $21.54. 57,699 shares of the company’s stock traded hands, compared to its average volume of 50,260. Morgan Stanley India Investment Fund has a 1-year low of $21.50 and a 1-year high of $28.37. The company has a fifty day simple moving average of $23.91 and a 200-day simple moving average of $25.73.

Institutional Trading of Morgan Stanley India Investment Fund

A number of hedge funds have recently made changes to their positions in the stock. Gould Asset Management LLC CA raised its stake in Morgan Stanley India Investment Fund by 3.6% during the third quarter. Gould Asset Management LLC CA now owns 10,854 shares of the company’s stock valued at $286,000 after buying an additional 380 shares in the last quarter. SeaCrest Wealth Management LLC grew its position in shares of Morgan Stanley India Investment Fund by 11.5% in the 4th quarter. SeaCrest Wealth Management LLC now owns 8,700 shares of the company’s stock worth $218,000 after acquiring an additional 900 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Morgan Stanley India Investment Fund by 285.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,350 shares of the company’s stock worth $38,000 after acquiring an additional 1,000 shares in the last quarter. Maridea Wealth Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 13.4% in the 3rd quarter. Maridea Wealth Management LLC now owns 10,561 shares of the company’s stock valued at $290,000 after acquiring an additional 1,247 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Morgan Stanley India Investment Fund by 203.7% during the 2nd quarter. Osaic Holdings Inc. now owns 2,032 shares of the company’s stock valued at $57,000 after acquiring an additional 1,363 shares in the last quarter. Institutional investors and hedge funds own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Company Profile

Morgan Stanley India Investment Fund (NYSE:IIF) is a closed-end investment company sponsored by Morgan Stanley Investment Management and listed on the New York Stock Exchange. Incepted in December 1994, the fund provides U.S. investors with a dedicated vehicle for exposure to the securities of Indian companies. As a closed-end fund, it issues a fixed number of shares that trade on the NYSE, offering liquidity and the potential for share price discovery in addition to underlying net asset value.

The fund’s primary objective is long-term capital appreciation through investments in equity securities of Indian issuers.