Morgan Stanley Emerging Markets Debt (NYSE:MSD) Short Interest Down 9.6% in September

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Morgan Stanley Emerging Markets Debt (NYSE:MSD) saw a significant decrease in short interest in September. As of September 15th, there was short interest totalling 52,800 shares, a decrease of 9.6% from the August 31st total of 58,400 shares. Based on an average daily trading volume, of 87,800 shares, the short-interest ratio is currently 0.6 days.

MSD stock traded down $0.04 during trading on Friday, reaching $8.36. The company had a trading volume of 30,727 shares, compared to its average volume of 107,345. Morgan Stanley Emerging Markets Debt has a 52 week low of $6.11 and a 52 week high of $10.02. The business has a 50 day moving average of $8.69 and a 200 day moving average of $8.28.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.11 dividend. This is an increase from Morgan Stanley Emerging Markets Debt’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Tuesday, September 29th.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cullen Frost Bankers Inc. acquired a new position in shares of Morgan Stanley Emerging Markets Debt in the 2nd quarter valued at $34,000. Rockbridge Investment Management LCC bought a new position in Morgan Stanley Emerging Markets Debt during the second quarter valued at about $37,000. Samalin Investment Counsel LLC bought a new position in Morgan Stanley Emerging Markets Debt during the second quarter valued at about $90,000. MML Investors Services LLC boosted its stake in Morgan Stanley Emerging Markets Debt by 18.0% during the first quarter. MML Investors Services LLC now owns 15,290 shares of the company’s stock valued at $117,000 after buying an additional 2,334 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. bought a new position in Morgan Stanley Emerging Markets Debt during the second quarter valued at about $258,000. 31.98% of the stock is owned by institutional investors and hedge funds.

About Morgan Stanley Emerging Markets Debt

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.

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