Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Short Interest Update

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 35,800 shares, a drop of 14.1% from the May 31st total of 41,700 shares. Based on an average trading volume of 69,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Fortitude Family Office LLC purchased a new position in shares of Morgan Stanley Emerging Markets Debt Fund in the fourth quarter valued at $97,000. Daymark Wealth Partners LLC increased its position in shares of Morgan Stanley Emerging Markets Debt Fund by 27.1% in the fourth quarter. Daymark Wealth Partners LLC now owns 14,050 shares of the company’s stock valued at $98,000 after buying an additional 3,000 shares in the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Morgan Stanley Emerging Markets Debt Fund by 14.7% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 13,065 shares of the company’s stock valued at $91,000 after buying an additional 1,679 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Morgan Stanley Emerging Markets Debt Fund by 50.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 12,000 shares of the company’s stock valued at $83,000 after buying an additional 4,000 shares in the last quarter. Finally, Wealthstar Advisors LLC increased its position in shares of Morgan Stanley Emerging Markets Debt Fund by 86.2% in the fourth quarter. Wealthstar Advisors LLC now owns 75,546 shares of the company’s stock valued at $525,000 after buying an additional 34,979 shares in the last quarter.

Morgan Stanley Emerging Markets Debt Fund Price Performance

Morgan Stanley Emerging Markets Debt Fund stock opened at $7.34 on Friday. Morgan Stanley Emerging Markets Debt Fund has a one year low of $6.11 and a one year high of $7.55. The business has a fifty day moving average of $7.21 and a two-hundred day moving average of $7.12.

Morgan Stanley Emerging Markets Debt Fund Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 11.99%. The ex-dividend date of this dividend is Friday, June 28th.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.