Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) Short Interest Update

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 33,801 shares, a growth of 76.5% from the June 15th total of 19,149 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 117,969 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Morgan Stanley Emerging Markets Debt Fund

Large investors have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in Morgan Stanley Emerging Markets Debt Fund in the 1st quarter worth approximately $28,000. Noble Wealth Management PBC purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the 2nd quarter valued at $34,000. Millennium Management LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the fourth quarter worth $83,000. Cetera Investment Advisers purchased a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth $85,000. Finally, Private Advisor Group LLC raised its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 21.6% during the first quarter. Private Advisor Group LLC now owns 12,651 shares of the company’s stock worth $89,000 after purchasing an additional 2,246 shares during the last quarter.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.3%

Morgan Stanley Emerging Markets Debt Fund stock opened at $7.31 on Friday. The business’s 50-day simple moving average is $7.32 and its two-hundred day simple moving average is $7.44. Morgan Stanley Emerging Markets Debt Fund has a fifty-two week low of $6.91 and a fifty-two week high of $7.94.

Morgan Stanley Emerging Markets Debt Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.2%. This is a positive change from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, June 30th.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) is a closed-end management investment company that seeks to provide a high level of current income. The fund primarily invests in U.S. dollar-denominated sovereign and corporate debt securities issued by governments and corporations in emerging market countries.

MSD’s investment strategy emphasizes diversification across regions, sectors and issuers. The fund’s portfolio managers use fundamental credit analysis to identify opportunities in markets such as Latin America, Eastern Europe, the Middle East, Africa and Asia.