Short Interest in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Increases By 66.7%

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 14,500 shares, an increase of 66.7% from the March 31st total of 8,700 shares. Based on an average trading volume of 40,100 shares, the short-interest ratio is currently 0.4 days.

Morgan Stanley India Investment Fund Trading Up 0.6 %

Shares of NYSE:IIF opened at $23.42 on Monday. The business’s 50 day simple moving average is $23.00 and its two-hundred day simple moving average is $22.50. Morgan Stanley India Investment Fund has a 52-week low of $19.55 and a 52-week high of $24.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates lifted its holdings in shares of Morgan Stanley India Investment Fund by 1.4% in the third quarter. Raymond James & Associates now owns 37,255 shares of the company’s stock valued at $833,000 after purchasing an additional 500 shares in the last quarter. UBS Group AG lifted its holdings in shares of Morgan Stanley India Investment Fund by 0.8% in the third quarter. UBS Group AG now owns 129,296 shares of the company’s stock valued at $2,890,000 after purchasing an additional 992 shares in the last quarter. Karpus Management Inc. lifted its holdings in shares of Morgan Stanley India Investment Fund by 6.9% in the third quarter. Karpus Management Inc. now owns 308,469 shares of the company’s stock valued at $6,894,000 after purchasing an additional 19,998 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Morgan Stanley India Investment Fund by 22.7% in the third quarter. PNC Financial Services Group Inc. now owns 8,490 shares of the company’s stock valued at $190,000 after purchasing an additional 1,570 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its holdings in shares of Morgan Stanley India Investment Fund by 49.1% in the third quarter. Wolverine Asset Management LLC now owns 39,665 shares of the company’s stock valued at $887,000 after purchasing an additional 13,066 shares in the last quarter. Institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Company Profile

Morgan Stanley India Investment Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors.