Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Down 33.8% in March

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Get Free Report) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 23,300 shares, a drop of 33.8% from the February 28th total of 35,200 shares. Based on an average trading volume of 41,800 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company's shares are short sold.

Morgan Stanley India Investment Fund Trading Up 1.3 %

IIF stock traded up $0.30 during midday trading on Wednesday, reaching $24.30. 26,594 shares of the company traded hands, compared to its average volume of 43,569. Morgan Stanley India Investment Fund has a 52-week low of $22.53 and a 52-week high of $30.41. The business has a 50 day moving average of $23.93 and a 200-day moving average of $26.29.

Institutional Trading of Morgan Stanley India Investment Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Elequin Capital LP purchased a new position in Morgan Stanley India Investment Fund during the fourth quarter worth $54,000. Main Management LLC purchased a new position in shares of Morgan Stanley India Investment Fund during the 4th quarter worth about $151,000. Blue Bell Private Wealth Management LLC grew its holdings in Morgan Stanley India Investment Fund by 30.6% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 7,683 shares of the company's stock valued at $194,000 after purchasing an additional 1,800 shares during the last quarter. Sanctuary Advisors LLC raised its position in Morgan Stanley India Investment Fund by 10.9% in the 4th quarter. Sanctuary Advisors LLC now owns 8,904 shares of the company's stock worth $216,000 after purchasing an additional 872 shares during the period. Finally, Maridea Wealth Management LLC bought a new stake in Morgan Stanley India Investment Fund in the fourth quarter worth about $226,000. Hedge funds and other institutional investors own 36.96% of the company's stock.

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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.