Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 188,400 shares, a decrease of 19.5% from the March 31st total of 233,900 shares. Based on an average daily volume of 238,800 shares, the short-interest ratio is currently 0.8 days.
NYSE EDD traded down $0.04 during mid-day trading on Tuesday, reaching $6.04. 341,984 shares of the company’s stock traded hands, compared to its average volume of 230,414. Morgan Stanley Emerging Markets Domestic Debt Fund has a 1-year low of $5.15 and a 1-year high of $6.50. The company has a fifty day simple moving average of $6.04 and a 200-day simple moving average of $6.07.
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 15th. Stockholders of record on Wednesday, March 31st were paid a dividend of $0.1025 per share. This represents a $0.41 annualized dividend and a dividend yield of 6.79%. The ex-dividend date was Tuesday, March 30th.
Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual 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 typically invests in government bonds denominated in the local currencies of emerging markets.
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