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

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Get Free Report) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 187,000 shares, a decline of 40.2% from the March 31st total of 312,800 shares. Based on an average trading volume of 86,500 shares, the short-interest ratio is presently 2.2 days. Approximately 0.9% of the company's stock are sold short.

Hedge Funds Weigh In On Morgan Stanley Emerging Markets Debt Fund

Institutional investors have recently bought and sold shares of the stock. Comprehensive Money Management Services LLC boosted its stake in Morgan Stanley Emerging Markets Debt Fund by 5.8% in the 1st quarter. Comprehensive Money Management Services LLC now owns 57,345 shares of the company's stock worth $462,000 after purchasing an additional 3,150 shares in the last quarter. IFP Advisors Inc purchased a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the fourth quarter worth $31,000. Jones Financial Companies Lllp boosted its position in shares of Morgan Stanley Emerging Markets Debt Fund by 74.8% during the 4th quarter. Jones Financial Companies Lllp now owns 10,400 shares of the company's stock valued at $80,000 after acquiring an additional 4,450 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its position in Morgan Stanley Emerging Markets Debt Fund by 21.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 35,000 shares of the company's stock worth $269,000 after buying an additional 6,112 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in Morgan Stanley Emerging Markets Debt Fund in the fourth quarter worth $91,000.

Morgan Stanley Emerging Markets Debt Fund Price Performance

Shares of Morgan Stanley Emerging Markets Debt Fund stock traded up $0.07 during mid-day trading on Tuesday, hitting $7.68. 34,737 shares of the stock were exchanged, compared to its average volume of 80,606. The company has a 50-day simple moving average of $7.85 and a 200 day simple moving average of $7.80. Morgan Stanley Emerging Markets Debt Fund has a 12 month low of $6.91 and a 12 month high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 11.47%. The ex-dividend date was Monday, March 31st.

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.

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