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

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 28,581 shares, a growth of 32.2% from the December 15th total of 21,627 shares. Based on an average daily volume of 180,287 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 180,287 shares, the short-interest ratio is currently 0.2 days.

Morgan Stanley Emerging Markets Debt Fund Trading Down 0.5%

NYSE:MSD opened at $7.47 on Friday. The company has a fifty day moving average of $7.38 and a 200 day moving average of $7.44. Morgan Stanley Emerging Markets Debt Fund has a 52 week low of $6.91 and a 52 week high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, December 19th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Friday, December 19th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MSD. Brookstone Capital Management grew its position in shares of Morgan Stanley Emerging Markets Debt Fund by 20.9% in the 4th quarter. Brookstone Capital Management now owns 18,605 shares of the company’s stock worth $137,000 after buying an additional 3,220 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its stake in Morgan Stanley Emerging Markets Debt Fund by 4.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 47,049 shares of the company’s stock worth $348,000 after acquiring an additional 1,912 shares during the period. Bank of America Corp DE boosted its holdings in Morgan Stanley Emerging Markets Debt Fund by 6.5% in the third quarter. Bank of America Corp DE now owns 186,336 shares of the company’s stock valued at $1,373,000 after acquiring an additional 11,359 shares in the last quarter. Ameriprise Financial Inc. increased its position in Morgan Stanley Emerging Markets Debt Fund by 10.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 304,542 shares of the company’s stock valued at $2,245,000 after purchasing an additional 29,630 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in Morgan Stanley Emerging Markets Debt Fund by 4.2% in the 3rd quarter. Raymond James Financial Inc. now owns 74,744 shares of the company’s stock worth $551,000 after purchasing an additional 3,001 shares in the last quarter.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) is a closed-end management investment company that seeks to provide a high level of current income. The fund primarily invests in U.S. dollar-denominated sovereign and corporate debt securities issued by governments and corporations in emerging market countries.

MSD’s investment strategy emphasizes diversification across regions, sectors and issuers. The fund’s portfolio managers use fundamental credit analysis to identify opportunities in markets such as Latin America, Eastern Europe, the Middle East, Africa and Asia.