Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) Short Interest Down 65.3% in February

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 12,375 shares, a decline of 65.3% from the February 12th total of 35,700 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 98,957 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 98,957 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Morgan Stanley Emerging Markets Debt Fund Price Performance

Shares of NYSE:MSD opened at $7.55 on Wednesday. The business’s 50 day moving average is $7.63 and its 200 day moving average is $7.48. Morgan Stanley Emerging Markets Debt Fund has a 52-week low of $6.91 and a 52-week high of $8.32.

Hedge Funds Weigh In On Morgan Stanley Emerging Markets Debt Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Everstar Asset Management LLC raised its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 13.2% in the second quarter. Everstar Asset Management LLC now owns 159,889 shares of the company’s stock valued at $1,236,000 after acquiring an additional 18,594 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Morgan Stanley Emerging Markets Debt Fund by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 274,912 shares of the company’s stock worth $2,125,000 after acquiring an additional 3,611 shares during the period. Bank of America Corp DE grew its holdings in Morgan Stanley Emerging Markets Debt Fund by 1.1% during the 2nd quarter. Bank of America Corp DE now owns 174,977 shares of the company’s stock worth $1,353,000 after acquiring an additional 1,904 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Morgan Stanley Emerging Markets Debt Fund by 4.3% during the 2nd quarter. Osaic Holdings Inc. now owns 551,598 shares of the company’s stock worth $4,264,000 after acquiring an additional 22,763 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its position in Morgan Stanley Emerging Markets Debt Fund by 28.4% during the 2nd quarter. Valeo Financial Advisors LLC now owns 69,326 shares of the company’s stock valued at $536,000 after purchasing an additional 15,321 shares during the period.

About Morgan Stanley Emerging Markets Debt Fund

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.