Short Interest in Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Declines By 40.2%

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Get Free Report) was the target of a large decline in short interest during 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 daily volume of 86,500 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.9% of the shares of the company are sold short.

Morgan Stanley Emerging Markets Debt Fund Stock Down 0.9 %

Shares of MSD stock traded down $0.07 during mid-day trading on Friday, reaching $7.60. The stock had a trading volume of 63,082 shares, compared to its average volume of 81,233. Morgan Stanley Emerging Markets Debt Fund has a 1-year low of $6.91 and a 1-year high of $8.32. The business's fifty day moving average is $7.80 and its 200-day moving average is $7.79.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 11.58%. The ex-dividend date of this dividend was Monday, March 31st.

Institutional Trading of Morgan Stanley Emerging Markets Debt Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in MSD. Round Rock Advisors LLC raised its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 51.5% during the first quarter. Round Rock Advisors LLC now owns 17,528 shares of the company's stock worth $141,000 after purchasing an additional 5,955 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 13.3% during the 1st quarter. Valeo Financial Advisors LLC now owns 54,005 shares of the company's stock valued at $435,000 after buying an additional 6,325 shares during the last quarter. Comprehensive Money Management Services LLC raised its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 5.8% during the 1st quarter. Comprehensive Money Management Services LLC now owns 57,345 shares of the company's stock valued at $462,000 after buying an additional 3,150 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 23.0% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 43,036 shares of the company's stock valued at $346,000 after buying an additional 8,036 shares during the period. Finally, GraniteShares Advisors LLC boosted its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 6.5% in the first quarter. GraniteShares Advisors LLC now owns 343,048 shares of the company's stock worth $2,762,000 after buying an additional 20,790 shares during the last quarter.

About Morgan Stanley Emerging Markets Debt Fund

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.