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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF – Get Rating) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 6,000 shares, a drop of 55.2% from the April 30th total of 13,400 shares. Based on an average daily volume of 28,200 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Lazard Asset Management LLC lifted its position in shares of Morgan Stanley India Investment Fund by 15.8% during the third quarter. Lazard Asset Management LLC now owns 637,822 shares of the company’s stock valued at $14,842,000 after purchasing an additional 87,156 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Morgan Stanley India Investment Fund by 16.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 588,331 shares of the company’s stock worth $11,943,000 after acquiring an additional 84,828 shares during the period. Karpus Management Inc. raised its position in Morgan Stanley India Investment Fund by 13.7% in the first quarter. Karpus Management Inc. now owns 290,399 shares of the company’s stock worth $5,651,000 after acquiring an additional 35,049 shares during the period. UBS Group AG raised its position in Morgan Stanley India Investment Fund by 0.6% in the first quarter. UBS Group AG now owns 140,812 shares of the company’s stock worth $3,536,000 after acquiring an additional 827 shares during the period. Finally, Almitas Capital LLC raised its position in Morgan Stanley India Investment Fund by 129.5% in the fourth quarter. Almitas Capital LLC now owns 92,137 shares of the company’s stock worth $1,870,000 after acquiring an additional 51,991 shares during the period. 44.75% of the stock is owned by institutional investors.

Morgan Stanley India Investment Fund Price Performance

IIF opened at $20.20 on Friday. The company’s 50-day moving average is $19.66 and its 200 day moving average is $20.87. Morgan Stanley India Investment Fund has a fifty-two week low of $18.91 and a fifty-two week high of $25.79.

Morgan Stanley India Investment Fund Company Profile

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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.