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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 14,500 shares, an increase of 66.7% from the March 31st total of 8,700 shares. Based on an average daily trading volume, of 40,100 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Morgan Stanley India Investment Fund

A number of hedge funds have recently bought and sold shares of the stock. Blue Bell Private Wealth Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 11.6% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 5,906 shares of the company’s stock valued at $135,000 after acquiring an additional 612 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Morgan Stanley India Investment Fund by 22.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 8,490 shares of the company’s stock valued at $190,000 after acquiring an additional 1,570 shares during the last quarter. Matisse Capital purchased a new position in shares of Morgan Stanley India Investment Fund in the 4th quarter valued at about $815,000. Raymond James & Associates increased its holdings in shares of Morgan Stanley India Investment Fund by 1.4% in the 3rd quarter. Raymond James & Associates now owns 37,255 shares of the company’s stock valued at $833,000 after acquiring an additional 500 shares during the last quarter. Finally, Wolverine Asset Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 49.1% in the 3rd quarter. Wolverine Asset Management LLC now owns 39,665 shares of the company’s stock valued at $887,000 after acquiring an additional 13,066 shares during the last quarter. Institutional investors and hedge funds own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Up 0.6 %

Shares of Morgan Stanley India Investment Fund stock opened at $23.42 on Friday. The business’s fifty day simple moving average is $23.00 and its 200-day simple moving average is $22.50. Morgan Stanley India Investment Fund has a 52 week low of $19.55 and a 52 week high of $24.41.

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.