Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Sees Significant Drop in Short Interest

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 17,800 shares, a drop of 13.2% from the October 31st total of 20,500 shares. Based on an average daily volume of 40,300 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Morgan Stanley India Investment Fund

Institutional investors have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC raised its position in shares of Morgan Stanley India Investment Fund by 23.3% in the second quarter. Blue Bell Private Wealth Management LLC now owns 7,283 shares of the company’s stock valued at $195,000 after buying an additional 1,377 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Morgan Stanley India Investment Fund during the 3rd quarter valued at $224,000. HighTower Advisors LLC acquired a new stake in Morgan Stanley India Investment Fund during the 3rd quarter valued at $248,000. Calamos Advisors LLC grew its holdings in Morgan Stanley India Investment Fund by 46.5% during the 2nd quarter. Calamos Advisors LLC now owns 13,878 shares of the company’s stock valued at $371,000 after purchasing an additional 4,402 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in Morgan Stanley India Investment Fund by 18.9% during the 2nd quarter. Bank of Montreal Can now owns 29,560 shares of the company’s stock worth $791,000 after acquiring an additional 4,700 shares in the last quarter. Hedge funds and other institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Up 0.6 %

Shares of NYSE:IIF traded up $0.17 during midday trading on Tuesday, hitting $28.45. The stock had a trading volume of 9,798 shares, compared to its average volume of 41,858. The stock has a 50 day moving average price of $28.36 and a two-hundred day moving average price of $27.23. Morgan Stanley India Investment Fund has a 1 year low of $20.89 and a 1 year high of $30.41.

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.