Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) Short Interest Update

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD - Get Free Report) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 144,300 shares, an increase of 36.1% from the May 15th total of 106,000 shares. Based on an average daily volume of 82,600 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Comprehensive Money Management Services LLC purchased a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the fourth quarter valued at about $417,000. Ameriprise Financial Inc. raised its position in shares of Morgan Stanley Emerging Markets Debt Fund by 67.9% during the 4th quarter. Ameriprise Financial Inc. now owns 213,091 shares of the company's stock worth $1,616,000 after purchasing an additional 86,190 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Morgan Stanley Emerging Markets Debt Fund during the 4th quarter worth approximately $551,000. Jones Financial Companies Lllp lifted its stake in Morgan Stanley Emerging Markets Debt Fund by 74.8% in the 4th quarter. Jones Financial Companies Lllp now owns 10,400 shares of the company's stock valued at $80,000 after buying an additional 4,450 shares in the last quarter. Finally, GraniteShares Advisors LLC purchased a new stake in Morgan Stanley Emerging Markets Debt Fund in the 4th quarter valued at approximately $2,481,000.

Morgan Stanley Emerging Markets Debt Fund Stock Up 0.5%

Shares of NYSE MSD traded up $0.04 during midday trading on Friday, hitting $7.86. The company had a trading volume of 67,093 shares, compared to its average volume of 80,588. Morgan Stanley Emerging Markets Debt Fund has a twelve month low of $6.91 and a twelve month high of $8.32. The business has a 50-day simple moving average of $7.63 and a two-hundred day simple moving average of $7.79.

Morgan Stanley Emerging Markets Debt Fund Company Profile

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.