Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) Short Interest Update

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) saw a large decrease in short interest in February. As of February 27th, there was short interest totaling 397,347 shares, a decrease of 21.7% from the February 12th total of 507,566 shares. Based on an average trading volume of 326,562 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 326,562 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On Morgan Stanley Emerging Markets Domestic Debt Fund

Large investors have recently bought and sold shares of the business. Evergreen Capital Management LLC lifted its holdings in Morgan Stanley Emerging Markets Domestic Debt Fund by 2.9% during the third quarter. Evergreen Capital Management LLC now owns 3,376,960 shares of the investment management company’s stock worth $18,568,000 after buying an additional 96,306 shares during the period. Choreo LLC purchased a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the 3rd quarter valued at $75,000. HighTower Advisors LLC raised its position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 0.9% in the 3rd quarter. HighTower Advisors LLC now owns 268,955 shares of the investment management company’s stock worth $1,447,000 after acquiring an additional 2,307 shares in the last quarter. Fiera Capital Corp lifted its stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund by 3.5% during the 3rd quarter. Fiera Capital Corp now owns 416,963 shares of the investment management company’s stock worth $2,243,000 after purchasing an additional 14,108 shares during the last quarter. Finally, Adapt Wealth Advisors LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund during the 3rd quarter worth $82,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Down 0.6%

Shares of NYSE:EDD traded down $0.04 during trading hours on Friday, hitting $5.50. The company’s stock had a trading volume of 655,317 shares, compared to its average volume of 517,760. The firm’s fifty day moving average price is $5.84 and its 200 day moving average price is $5.57. Morgan Stanley Emerging Markets Domestic Debt Fund has a 52 week low of $4.28 and a 52 week high of $6.18.

About Morgan Stanley Emerging Markets Domestic Debt Fund

The Morgan Stanley Emerging Markets Domestic Debt Fund, Inc (NYSE: EDD) is a closed-end management investment company that provides investors with targeted exposure to the debt markets of emerging economies. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in U.S. dollar-denominated debt securities issued by governments, government-related entities and corporations in emerging markets.

Since its launch in 2005, the fund has pursued a diversified strategy that spans sovereign bonds, quasi-sovereign obligations and corporate credits across regions such as Latin America, Eastern Europe, the Middle East, Africa and Asia.