Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Down 57.1% in August

Key Points

• Morgan Stanley India Investment Fund (NYSE:IIF) experienced a significant decline in short interest, dropping 57.1% from 9,800 shares on August 15th to 4,200 shares by August 31st.
• Institutional investors showed increased investment in the fund, with notable increases from firms like Osaic Holdings Inc., which raised its holdings by 203.7%, and Evergreen Capital Management LLC, which increased by 9.5%.
• The fund's stock performance shows a trading price of $27.23 with a 1-year trading range between $22.20 and $30.41, reflecting potential investor interest in the Indian equity markets.

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - ) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 4,200 shares, a decline of 57.1% from the August 15th total of 9,800 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. increased its holdings in shares of Morgan Stanley India Investment Fund by 203.7% during the 2nd quarter. Osaic Holdings Inc. now owns 2,032 shares of the company's stock valued at $57,000 after acquiring an additional 1,363 shares during the last quarter. Evergreen Capital Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 9.5% during the 2nd quarter. Evergreen Capital Management LLC now owns 112,153 shares of the company's stock valued at $3,166,000 after acquiring an additional 9,706 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 16.5% during the 2nd quarter. Lazard Asset Management LLC now owns 684,428 shares of the company's stock valued at $19,321,000 after acquiring an additional 96,761 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Morgan Stanley India Investment Fund during the 2nd quarter valued at about $46,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 285.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,350 shares of the company's stock valued at $38,000 after acquiring an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 36.96% of the company's stock.

Morgan Stanley India Investment Fund Stock Performance

NYSE IIF traded down $0.03 on Friday, reaching $27.23. The stock had a trading volume of 7,973 shares, compared to its average volume of 14,019. The business has a 50 day moving average price of $27.24 and a 200 day moving average price of $26.14. Morgan Stanley India Investment Fund has a 1 year low of $22.20 and a 1 year high of $30.41.

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.

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