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

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 162,400 shares, an increase of 25.1% from the November 30th total of 129,800 shares. Based on an average trading volume of 78,900 shares, the days-to-cover ratio is presently 2.1 days.

Morgan Stanley Emerging Markets Debt Fund Trading Down 0.5 %

Shares of NYSE:MSD traded down $0.04 during trading on Friday, hitting $7.37. The company’s stock had a trading volume of 90,625 shares, compared to its average volume of 74,059. Morgan Stanley Emerging Markets Debt Fund has a fifty-two week low of $6.75 and a fifty-two week high of $8.21. The stock’s 50-day moving average price is $7.67 and its two-hundred day moving average price is $7.67.

Morgan Stanley Emerging Markets Debt Fund Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 14.38%. This is a positive change from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, December 13th.

Hedge Funds Weigh In On Morgan Stanley Emerging Markets Debt Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. IHT Wealth Management LLC raised its holdings in Morgan Stanley Emerging Markets Debt Fund by 96.9% in the third quarter. IHT Wealth Management LLC now owns 94,300 shares of the company’s stock valued at $748,000 after acquiring an additional 46,400 shares in the last quarter. Kovack Advisors Inc. raised its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 29.3% in the 3rd quarter. Kovack Advisors Inc. now owns 38,549 shares of the company’s stock valued at $306,000 after purchasing an additional 8,742 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in shares of Morgan Stanley Emerging Markets Debt Fund by 125.0% during the third quarter. Valeo Financial Advisors LLC now owns 30,373 shares of the company’s stock worth $241,000 after purchasing an additional 16,873 shares during the last quarter. Dynamic Advisor Solutions LLC grew its stake in Morgan Stanley Emerging Markets Debt Fund by 68.9% in the third quarter. Dynamic Advisor Solutions LLC now owns 28,888 shares of the company’s stock worth $229,000 after purchasing an additional 11,789 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in Morgan Stanley Emerging Markets Debt Fund by 66.7% in the second quarter. Cullen Frost Bankers Inc. now owns 20,000 shares of the company’s stock worth $147,000 after purchasing an additional 8,000 shares in the last quarter.

About Morgan Stanley Emerging Markets Debt Fund

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.