Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Short Interest Down 14.1% in June

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 35,800 shares, a decrease of 14.1% from the May 31st total of 41,700 shares. Based on an average trading volume of 69,400 shares, the short-interest ratio is presently 0.5 days.

Morgan Stanley Emerging Markets Debt Fund Trading Up 0.3 %

NYSE:MSD traded up $0.02 during midday trading on Tuesday, reaching $7.35. 115,812 shares of the stock traded hands, compared to its average volume of 70,185. Morgan Stanley Emerging Markets Debt Fund has a 12-month low of $6.11 and a 12-month high of $7.55. The business has a 50-day moving average of $7.22 and a two-hundred day moving average of $7.13.

Morgan Stanley Emerging Markets Debt Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a yield of 11.97%.

Institutional Investors Weigh In On Morgan Stanley Emerging Markets Debt Fund

Several institutional investors and hedge funds have recently made changes to their positions in MSD. Cullen Frost Bankers Inc. lifted its position in Morgan Stanley Emerging Markets Debt Fund by 50.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock worth $83,000 after acquiring an additional 4,000 shares during the period. MONECO Advisors LLC purchased a new stake in Morgan Stanley Emerging Markets Debt Fund during the 1st quarter valued at about $88,000. Dynamic Advisor Solutions LLC grew its stake in Morgan Stanley Emerging Markets Debt Fund by 14.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 13,065 shares of the company’s stock valued at $91,000 after purchasing an additional 1,679 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in Morgan Stanley Emerging Markets Debt Fund during the 4th quarter valued at about $97,000. Finally, Daymark Wealth Partners LLC grew its stake in Morgan Stanley Emerging Markets Debt Fund by 27.1% during the 4th quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock valued at $98,000 after purchasing an additional 3,000 shares during the last quarter.

About Morgan Stanley Emerging Markets Debt Fund

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income 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 primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.