Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) Short Interest Up 47.6% in December

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 21,627 shares, a growth of 47.6% from the November 30th total of 14,656 shares. Based on an average trading volume of 97,157 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 97,157 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Morgan Stanley Emerging Markets Debt Fund

A number of large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 4.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 237,939 shares of the company’s stock valued at $1,915,000 after acquiring an additional 9,952 shares during the period. Smith Asset Management Co. LLC bought a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the first quarter worth approximately $544,000. Maridea Wealth Management LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the second quarter worth $225,000. GraniteShares Advisors LLC raised its position in shares of Morgan Stanley Emerging Markets Debt Fund by 6.7% during the 2nd quarter. GraniteShares Advisors LLC now owns 365,917 shares of the company’s stock valued at $2,829,000 after purchasing an additional 22,869 shares during the period. Finally, Comprehensive Money Management Services LLC boosted its holdings in Morgan Stanley Emerging Markets Debt Fund by 34.2% in the 2nd quarter. Comprehensive Money Management Services LLC now owns 76,955 shares of the company’s stock worth $595,000 after buying an additional 19,610 shares during the period.

Morgan Stanley Emerging Markets Debt Fund Stock Down 0.9%

Shares of NYSE:MSD traded down $0.07 during midday trading on Wednesday, reaching $7.38. The company’s stock had a trading volume of 376,545 shares, compared to its average volume of 94,028. The firm has a 50 day moving average of $7.37 and a 200-day moving average of $7.47. Morgan Stanley Emerging Markets Debt Fund has a 12-month low of $6.91 and a 12-month high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, December 19th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, December 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.1%.

About Morgan Stanley Emerging Markets Debt Fund

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.