Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) Short Interest Up 24.4% in August

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 16,800 shares, a growth of 24.4% from the August 15th total of 13,500 shares. Based on an average trading volume of 43,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IIF. Logan Stone Capital LLC bought a new stake in Morgan Stanley India Investment Fund during the second quarter worth $1,115,000. 1607 Capital Partners LLC grew its stake in shares of Morgan Stanley India Investment Fund by 8.5% in the 4th quarter. 1607 Capital Partners LLC now owns 139,406 shares of the company’s stock worth $2,993,000 after acquiring an additional 10,909 shares in the last quarter. Karpus Management Inc. raised its holdings in shares of Morgan Stanley India Investment Fund by 2.5% in the fourth quarter. Karpus Management Inc. now owns 316,323 shares of the company’s stock valued at $6,791,000 after purchasing an additional 7,854 shares during the last quarter. Bank of Montreal Can raised its holdings 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 valued at $791,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Calamos Advisors LLC lifted its position in shares of Morgan Stanley India Investment Fund by 46.5% during the second quarter. Calamos Advisors LLC now owns 13,878 shares of the company’s stock valued at $371,000 after purchasing an additional 4,402 shares in the last quarter. Institutional investors own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Up 1.1 %

Shares of NYSE IIF opened at $28.94 on Tuesday. Morgan Stanley India Investment Fund has a fifty-two week low of $20.89 and a fifty-two week high of $28.94. The firm’s 50-day simple moving average is $27.27 and its 200 day simple moving average is $25.13.

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.