Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) Short Interest Up 47.6% in December

Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 21,627 shares, an increase of 47.6% from the November 30th total of 14,656 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 97,157 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 97,157 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MSD. Brookstone Capital Management acquired a new position in Morgan Stanley Emerging Markets Debt Fund in the 2nd quarter worth about $87,000. Maridea Wealth Management LLC bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the 2nd quarter valued at approximately $225,000. Dynamic Advisor Solutions LLC grew its stake in shares of Morgan Stanley Emerging Markets Debt Fund by 5.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 45,137 shares of the company’s stock valued at $333,000 after buying an additional 2,134 shares in the last quarter. Kovack Advisors Inc. increased its holdings in Morgan Stanley Emerging Markets Debt Fund by 16.4% in the second quarter. Kovack Advisors Inc. now owns 50,252 shares of the company’s stock worth $388,000 after buying an additional 7,095 shares during the last quarter. Finally, Smith Asset Management Co. LLC acquired a new position in Morgan Stanley Emerging Markets Debt Fund in the first quarter worth approximately $544,000.

Morgan Stanley Emerging Markets Debt Fund Stock Down 0.1%

MSD stock traded down $0.01 during midday trading on Monday, reaching $7.43. The company had a trading volume of 257,966 shares, compared to its average volume of 92,358. The company has a 50 day moving average of $7.36 and a two-hundred day moving average of $7.48. Morgan Stanley Emerging Markets Debt Fund has a 1 year low of $6.91 and a 1 year high of $8.32.

Morgan Stanley Emerging Markets Debt Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, December 19th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Friday, December 19th.

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.