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

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) experienced a significant decrease in short interest during March. As of March 15th, the total short interest was reported at 23,300 shares, marking a reduction of 33.8% from 35,200 shares recorded on February 28th. With an average daily trading volume of 41,800 shares, the current short-interest ratio stands at 0.6 days. This indicates that approximately 0.2% of the company's stock is currently sold short.

Morgan Stanley India Investment Fund Stock Performance

On Friday, the stock of NYSE:IIF decreased by $0.12, reaching a value of $24.42. The trading volume for the company was 17,956 shares, which is lower than its average volume of 40,845. Over the past months, the stock has shown a 50-day moving average price of $23.95 and a 200-day moving average price of $26.38. Within the last year, Morgan Stanley India Investment Fund has seen a low of $22.53 and a high of $30.41.

Institutional Inflows and Outflows

Many institutional investors and hedge funds have recently adjusted their holdings in Morgan Stanley India Investment Fund. In the fourth quarter, Elequin Capital LP made a new investment in the fund, acquiring shares worth $54,000. Additionally, Main Management LLC also initiated a position in the fourth quarter, valued at approximately $151,000. Moreover, Blue Bell Private Wealth Management LLC increased its stake in Morgan Stanley India Investment Fund by 30.6%, owning now 7,683 shares valued at $194,000 after purchasing 1,800 additional shares in the previous quarter. Sanctuary Advisors LLC also expanded its holding by 10.9%, resulting in 8,904 shares worth $216,000 after buying an extra 872 shares last quarter. Lastly, Maridea Wealth Management LLC entered the market with a new acquisition valued at about $226,000. Institutional investors collectively hold 36.96% of the company's shares.

About Morgan Stanley India Investment Fund

Morgan Stanley India Investment Fund, Inc. is a closed-ended equity mutual fund that is managed by Morgan Stanley Investment Management Inc. This fund primarily invests in public equity markets in India and targets stocks from a wide range of sectors.

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