Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Update

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the recipient of a significant decline in short interest in the month of 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 shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 43,054 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IIF. 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 buying an additional 1,000 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Morgan Stanley India Investment Fund during the second quarter valued at approximately $46,000. Osaic Holdings Inc. lifted its stake in Morgan Stanley India Investment Fund by 203.7% in the second quarter. Osaic Holdings Inc. now owns 2,032 shares of the company’s stock worth $57,000 after acquiring an additional 1,363 shares during the period. Allworth Financial LP lifted its stake in Morgan Stanley India Investment Fund by 880.0% in the second quarter. Allworth Financial LP now owns 4,900 shares of the company’s stock worth $138,000 after acquiring an additional 4,400 shares during the period. Finally, SeaCrest Wealth Management LLC bought a new stake in Morgan Stanley India Investment Fund in the third quarter valued at $208,000. Institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Performance

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

About Morgan Stanley India Investment Fund

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.