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

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 122,400 shares, a decline of 24.6% from the December 15th total of 162,400 shares. Based on an average daily volume of 83,700 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of Morgan Stanley Emerging Markets Debt Fund

Several institutional investors and hedge funds have recently modified their holdings of MSD. Kovack Advisors Inc. boosted its holdings in Morgan Stanley Emerging Markets Debt Fund by 29.3% during the 3rd quarter. Kovack Advisors Inc. now owns 38,549 shares of the company’s stock worth $306,000 after acquiring an additional 8,742 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in Morgan Stanley Emerging Markets Debt Fund in the second quarter worth about $74,000. Dynamic Advisor Solutions LLC lifted its position in shares of 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 valued at $229,000 after acquiring an additional 11,789 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new stake in shares of Morgan Stanley Emerging Markets Debt Fund in the 3rd quarter worth about $115,000. Finally, Valeo Financial Advisors LLC increased its stake in Morgan Stanley Emerging Markets Debt Fund by 125.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 30,373 shares of the company’s stock worth $241,000 after buying an additional 16,873 shares during the period.

Morgan Stanley Emerging Markets Debt Fund Trading Up 2.3 %

Shares of Morgan Stanley Emerging Markets Debt Fund stock traded up $0.18 on Wednesday, reaching $7.96. 155,564 shares of the company were exchanged, compared to its average volume of 98,429. Morgan Stanley Emerging Markets Debt Fund has a one year low of $6.75 and a one year high of $8.21. The company has a 50-day moving average of $7.68 and a 200 day moving average of $7.69.

Morgan Stanley Emerging Markets Debt Fund Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $0.265 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.06 dividend on an annualized basis and a yield of 13.32%. This is an increase from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.22.

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.