Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Down 53.2% in January

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 5,883 shares, a decrease of 53.2% from the December 31st total of 12,575 shares. Based on an average daily volume of 54,360 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 54,360 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Morgan Stanley India Investment Fund

A number of large investors have recently made changes to their positions in the stock. City of London Investment Management Co. Ltd. acquired a new position in Morgan Stanley India Investment Fund during the 2nd quarter worth about $2,920,000. Allworth Financial LP grew its stake in shares of Morgan Stanley India Investment Fund by 880.0% during the 2nd quarter. Allworth Financial LP now owns 4,900 shares of the company’s stock worth $138,000 after purchasing an additional 4,400 shares during the period. Calamos Advisors LLC purchased a new position in shares of Morgan Stanley India Investment Fund in the 2nd quarter valued at about $251,000. Penserra Capital Management LLC raised its holdings in Morgan Stanley India Investment Fund by 3.0% during the second quarter. Penserra Capital Management LLC now owns 135,312 shares of the company’s stock worth $3,819,000 after purchasing an additional 3,973 shares during the last quarter. Finally, Pursuit Wealth Management LLC acquired a new position in Morgan Stanley India Investment Fund during the fourth quarter worth about $717,000. 36.96% of the stock is currently owned by hedge funds and other institutional investors.

Morgan Stanley India Investment Fund Stock Performance

NYSE IIF opened at $23.41 on Thursday. The company’s 50 day moving average is $25.48 and its two-hundred day moving average is $26.52. Morgan Stanley India Investment Fund has a 12 month low of $22.20 and a 12 month high of $28.37.

Morgan Stanley India Investment Fund Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, December 19th were issued a $1.9852 dividend. This represents a dividend yield of 778.0%. The ex-dividend date of this dividend was Friday, December 19th.

Morgan Stanley India Investment Fund Company Profile

Morgan Stanley India Investment Fund (NYSE:IIF) is a closed-end investment company sponsored by Morgan Stanley Investment Management and listed on the New York Stock Exchange. Incepted in December 1994, the fund provides U.S. investors with a dedicated vehicle for exposure to the securities of Indian companies. As a closed-end fund, it issues a fixed number of shares that trade on the NYSE, offering liquidity and the potential for share price discovery in addition to underlying net asset value.

The fund’s primary objective is long-term capital appreciation through investments in equity securities of Indian issuers.