Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Down 56.8% in September

Key Points

• Morgan Stanley India Investment Fund (NYSE:IIF) experienced a significant drop in short interest, declining by 56.8% to 4,100 shares as of September 30.
• The stock's price rose by 0.4% to $27.30, with a one-year trading range between $22.20 and $29.79.
• Institutional investors have been actively trading the stock, with firms like Steward Partners and Osaic Holdings significantly increasing their holdings in the second quarter.

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - ) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 4,100 shares, a drop of 56.8% from the September 15th total of 9,500 shares. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is presently 0.2 days.

Morgan Stanley India Investment Fund Stock Up 0.4%

Shares of Morgan Stanley India Investment Fund stock opened at $27.30 on Friday. Morgan Stanley India Investment Fund has a one year low of $22.20 and a one year high of $29.79. The stock's fifty day moving average is $26.90 and its 200 day moving average is $26.70.

Hedge Funds Weigh In On Morgan Stanley India Investment Fund

A number of institutional investors have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC raised its holdings in Morgan Stanley India Investment Fund by 285.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,350 shares of the company's stock worth $38,000 after purchasing an additional 1,000 shares during the period. Samalin Investment Counsel LLC raised its holdings in Morgan Stanley India Investment Fund by 9.7% in the 1st quarter. Samalin Investment Counsel LLC now owns 14,022 shares of the company's stock worth $342,000 after purchasing an additional 1,237 shares during the period. Osaic Holdings Inc. raised its holdings in Morgan Stanley India Investment Fund by 203.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,032 shares of the company's stock worth $57,000 after purchasing an additional 1,363 shares during the period. Raymond James Financial Inc. bought a new position in Morgan Stanley India Investment Fund in the 2nd quarter worth $46,000. Finally, Penserra Capital Management LLC increased its stake in Morgan Stanley India Investment Fund by 3.0% in the 2nd quarter. Penserra Capital Management LLC now owns 135,312 shares of the company's stock worth $3,819,000 after buying an additional 3,973 shares in the last quarter. 36.96% of the stock is owned by institutional investors.

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.

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