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

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.