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 during the month of 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 trading volume of 40,300 shares, the days-to-cover ratio is presently 0.5 days.

Morgan Stanley India Investment Fund Stock Down 0.3 %

Shares of NYSE IIF opened at $27.26 on Friday. The stock’s fifty day moving average price is $28.55 and its two-hundred day moving average price is $26.84. Morgan Stanley India Investment Fund has a one year low of $20.89 and a one year high of $30.41.

Institutional Trading of Morgan Stanley India Investment Fund

Several institutional investors and hedge funds have recently modified their holdings of IIF. Public Employees Retirement System of Ohio bought a new position in Morgan Stanley India Investment Fund in the third quarter valued at about $5,052,000. Logan Stone Capital LLC bought a new position in shares of Morgan Stanley India Investment Fund during the second quarter worth about $1,115,000. HighTower Advisors LLC acquired a new position in shares of Morgan Stanley India Investment Fund in the third quarter worth approximately $248,000. Bank of Montreal Can lifted its stake 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 acquiring an additional 4,700 shares during the period. Finally, Calamos Advisors LLC boosted its holdings in 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 valued at $371,000 after acquiring an additional 4,402 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.