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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 16,800 shares, a growth of 24.4% from the August 15th total of 13,500 shares. Based on an average daily volume of 43,500 shares, the short-interest ratio is presently 0.4 days.

Morgan Stanley India Investment Fund Price Performance

NYSE:IIF opened at $28.94 on Tuesday. Morgan Stanley India Investment Fund has a one year low of $20.89 and a one year high of $28.94. The company’s 50-day simple moving average is $27.27 and its 200 day simple moving average is $25.13.

Institutional Trading of Morgan Stanley India Investment Fund

Large investors have recently added to or reduced their stakes in the business. Blue Bell Private Wealth Management LLC grew its position in Morgan Stanley India Investment Fund by 11.6% during the first quarter. Blue Bell Private Wealth Management LLC now owns 5,906 shares of the company’s stock valued at $135,000 after buying an additional 612 shares during the period. Calamos Advisors LLC boosted its position in shares of Morgan Stanley India Investment Fund by 46.5% in the second quarter. Calamos Advisors LLC now owns 13,878 shares of the company’s stock worth $371,000 after purchasing an additional 4,402 shares during the period. Bank of Montreal Can boosted its position in shares of Morgan Stanley India Investment Fund by 18.9% in the second quarter. Bank of Montreal Can now owns 29,560 shares of the company’s stock worth $791,000 after purchasing an additional 4,700 shares during the period. Logan Stone Capital LLC bought a new position in shares of Morgan Stanley India Investment Fund during the second quarter worth $1,115,000. Finally, Quantedge Capital Pte Ltd boosted its position in shares of Morgan Stanley India Investment Fund by 6.7% during the fourth quarter. Quantedge Capital Pte Ltd now owns 46,277 shares of the company’s stock worth $994,000 after acquiring an additional 2,900 shares during the last quarter. 36.96% of the stock is currently owned by institutional investors.

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.