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 in 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 presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 180,287 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Morgan Stanley Emerging Markets Debt Fund

Several hedge funds have recently bought and sold shares of MSD. Maridea Wealth Management LLC acquired a new position in Morgan Stanley Emerging Markets Debt Fund during the second quarter worth $225,000. GraniteShares Advisors LLC increased its position in shares of Morgan Stanley Emerging Markets Debt Fund by 6.7% during the second quarter. GraniteShares Advisors LLC now owns 365,917 shares of the company’s stock worth $2,829,000 after acquiring an additional 22,869 shares in the last quarter. Comprehensive Money Management Services LLC raised its holdings in shares of Morgan Stanley Emerging Markets Debt Fund by 34.2% in the 2nd quarter. Comprehensive Money Management Services LLC now owns 76,955 shares of the company’s stock worth $595,000 after acquiring an additional 19,610 shares during the last quarter. Brookstone Capital Management bought a new position in Morgan Stanley Emerging Markets Debt Fund in the 2nd quarter valued at about $87,000. Finally, Whipplewood Advisors LLC boosted its stake in Morgan Stanley Emerging Markets Debt Fund by 1,079,777.8% during the 2nd quarter. Whipplewood Advisors LLC now owns 194,378 shares of the company’s stock valued at $1,503,000 after purchasing an additional 194,360 shares during the last quarter.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Shares of MSD traded down $0.04 during trading hours on Monday, hitting $7.47. The stock had a trading volume of 116,119 shares, compared to its average volume of 147,467. Morgan Stanley Emerging Markets Debt Fund has a 1-year low of $6.91 and a 1-year high of $8.32. The firm has a 50 day simple moving average of $7.38 and a 200-day simple moving average of $7.44.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently disclosed 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. The ex-dividend date was Friday, December 19th. This represents a $0.60 annualized dividend and a dividend yield of 8.0%.

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.