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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 35,200 shares, a drop of 23.1% from the February 13th total of 45,800 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 45,700 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Elequin Capital LP acquired a new position in shares of Morgan Stanley India Investment Fund during the 4th quarter worth $54,000. Blue Bell Private Wealth Management LLC increased its position in Morgan Stanley India Investment Fund by 30.6% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 7,683 shares of the company’s stock worth $194,000 after purchasing an additional 1,800 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Morgan Stanley India Investment Fund during the 3rd quarter worth about $224,000. HighTower Advisors LLC purchased a new stake in Morgan Stanley India Investment Fund during the 3rd quarter worth about $248,000. Finally, Maridea Wealth Management LLC purchased a new stake in Morgan Stanley India Investment Fund during the 4th quarter worth about $226,000. Institutional investors and hedge funds own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Trading Up 0.7 %

Shares of NYSE:IIF traded up $0.18 during midday trading on Wednesday, hitting $24.08. 3,564 shares of the stock were exchanged, compared to its average volume of 41,328. Morgan Stanley India Investment Fund has a twelve month low of $22.38 and a twelve month high of $30.41. The company has a 50 day moving average price of $24.01 and a 200-day moving average price of $26.55.

About Morgan Stanley India Investment Fund

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.