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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 20,500 shares, a growth of 58.9% from the October 15th total of 12,900 shares. Based on an average trading volume of 40,300 shares, the short-interest ratio is currently 0.5 days.

Morgan Stanley India Investment Fund Trading Down 0.3 %

IIF stock opened at $27.26 on Friday. Morgan Stanley India Investment Fund has a fifty-two week low of $20.89 and a fifty-two week high of $30.41. The business’s 50 day moving average price is $28.55 and its two-hundred day moving average price is $26.84.

Institutional Trading of Morgan Stanley India Investment Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of Morgan Stanley India Investment Fund by 0.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 526,548 shares of the company’s stock worth $14,085,000 after buying an additional 2,000 shares during the last quarter. Karpus Management Inc. grew its stake in shares of Morgan Stanley India Investment Fund by 0.7% in the 1st quarter. Karpus Management Inc. now owns 318,486 shares of the company’s stock worth $7,306,000 after buying an additional 2,163 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Morgan Stanley India Investment Fund in the 3rd quarter worth approximately $5,052,000. Almitas Capital LLC grew its stake in shares of Morgan Stanley India Investment Fund by 2.3% in the 2nd quarter. Almitas Capital LLC now owns 114,751 shares of the company’s stock worth $3,070,000 after buying an additional 2,560 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in shares of Morgan Stanley India Investment Fund by 5.5% in the 3rd quarter. Stifel Financial Corp now owns 65,506 shares of the company’s stock worth $1,970,000 after buying an additional 3,411 shares during the last quarter. Hedge funds and other institutional investors own 36.96% of the company’s stock.

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.