Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Sees Significant Growth in Short Interest

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF – Get Rating) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 8,600 shares, an increase of 126.3% from the February 13th total of 3,800 shares. Based on an average daily trading volume, of 45,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Morgan Stanley India Investment Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC bought a new stake in shares of Morgan Stanley India Investment Fund during the fourth quarter valued at approximately $98,000. Elequin Securities LLC bought a new stake in Morgan Stanley India Investment Fund in the fourth quarter valued at $82,000. PNC Financial Services Group Inc. bought a new stake in Morgan Stanley India Investment Fund in the fourth quarter valued at $137,000. Gould Asset Management LLC CA grew its position in Morgan Stanley India Investment Fund by 6.2% in the fourth quarter. Gould Asset Management LLC CA now owns 10,634 shares of the company’s stock valued at $216,000 after acquiring an additional 620 shares during the period. Finally, Samalin Investment Counsel LLC grew its position in Morgan Stanley India Investment Fund by 9.6% in the fourth quarter. Samalin Investment Counsel LLC now owns 11,416 shares of the company’s stock valued at $232,000 after acquiring an additional 1,000 shares during the period. 44.75% of the stock is currently owned by institutional investors.

Morgan Stanley India Investment Fund Stock Performance

IIF opened at $19.70 on Friday. Morgan Stanley India Investment Fund has a 1 year low of $19.67 and a 1 year high of $25.98. The stock’s 50 day simple moving average is $20.35 and its 200-day simple moving average is $22.58.

About Morgan Stanley India Investment Fund

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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.