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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 20,500 shares, a growth of 58.9% from the October 15th total of 12,900 shares. Based on an average daily trading volume, of 40,300 shares, the short-interest ratio is presently 0.5 days.

Morgan Stanley India Investment Fund Trading Down 0.3 %

Shares of IIF stock opened at $27.26 on Friday. Morgan Stanley India Investment Fund has a 52-week low of $20.89 and a 52-week high of $30.41. The stock has a fifty day simple moving average of $28.55 and a two-hundred day simple moving average of $26.84.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio purchased a new position in shares of Morgan Stanley India Investment Fund during the third quarter valued at about $5,052,000. Stifel Financial Corp lifted its holdings in shares of Morgan Stanley India Investment Fund by 5.5% in the 3rd quarter. Stifel Financial Corp now owns 65,506 shares of the company’s stock valued at $1,970,000 after acquiring an additional 3,411 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of Morgan Stanley India Investment Fund in the 3rd quarter valued at about $248,000. Almitas Capital LLC lifted its holdings in shares of Morgan Stanley India Investment Fund by 2.3% in the 2nd quarter. Almitas Capital LLC now owns 114,751 shares of the company’s stock valued at $3,070,000 after acquiring an additional 2,560 shares during the last quarter. Finally, Logan Stone Capital LLC bought a new position in shares of Morgan Stanley India Investment Fund in the 2nd quarter valued at about $1,115,000. Hedge funds and other institutional investors own 36.96% of the company’s stock.

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.