Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Update

Key Points

• Morgan Stanley India Investment Fund saw a significant increase in short interest, rising 126.2% in September, reaching a total of 9,500 shares.
• Institutional investments have been actively changing, with firms like Penserra Capital Management and Royal Bank of Canada increasing their holdings in the fund during the first quarter.
• The stock is currently trading at $26.56, down 0.1%, with a fifty-two week range of $22.20 to $29.79.

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - ) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 9,500 shares, an increase of 126.2% from the August 31st total of 4,200 shares. Based on an average trading volume of 24,100 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 24,100 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Morgan Stanley India Investment Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Penserra Capital Management LLC bought a new position in Morgan Stanley India Investment Fund during the 1st quarter valued at about $3,203,000. Samalin Investment Counsel LLC boosted its holdings in Morgan Stanley India Investment Fund by 9.7% in the first quarter. Samalin Investment Counsel LLC now owns 14,022 shares of the company's stock valued at $342,000 after acquiring an additional 1,237 shares during the last quarter. Evergreen Capital Management LLC bought a new position in Morgan Stanley India Investment Fund in the first quarter valued at about $2,499,000. Royal Bank of Canada increased its position in Morgan Stanley India Investment Fund by 28.4% in the first quarter. Royal Bank of Canada now owns 28,538 shares of the company's stock worth $696,000 after purchasing an additional 6,320 shares during the period. Finally, Almitas Capital LLC raised its holdings in Morgan Stanley India Investment Fund by 21.3% during the 1st quarter. Almitas Capital LLC now owns 104,744 shares of the company's stock worth $2,555,000 after purchasing an additional 18,424 shares during the last quarter. 36.96% of the stock is currently owned by institutional investors.

Morgan Stanley India Investment Fund Stock Down 0.1%

IIF opened at $26.56 on Friday. The business has a 50-day moving average of $26.96 and a 200-day moving average of $26.51. Morgan Stanley India Investment Fund has a fifty-two week low of $22.20 and a fifty-two week high of $29.79.

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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