Morgan Stanley Direct Lending (NYSE:MSDL) Short Interest Update

Morgan Stanley Direct Lending (NYSE:MSDL) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 37,000 shares, a decrease of 77.5% from the January 15th total of 164,100 shares. Based on an average daily volume of 528,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Morgan Stanley Direct Lending

A number of large investors have recently added to or reduced their stakes in the company. Allworth Financial LP bought a new position in shares of Morgan Stanley Direct Lending during the third quarter valued at about $32,000. Muzinich & Co. Inc. purchased a new position in Morgan Stanley Direct Lending during the 3rd quarter valued at about $68,000. Total Clarity Wealth Management Inc. bought a new position in Morgan Stanley Direct Lending during the 4th quarter valued at approximately $204,000. Centiva Capital LP purchased a new stake in Morgan Stanley Direct Lending in the 3rd quarter worth approximately $213,000. Finally, Samalin Investment Counsel LLC bought a new stake in shares of Morgan Stanley Direct Lending in the 4th quarter worth approximately $229,000.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company lifted their price target on shares of Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, Morgan Stanley Direct Lending has a consensus rating of “Hold” and an average price target of $21.58.

Morgan Stanley Direct Lending Trading Down 0.7 %

Shares of Morgan Stanley Direct Lending stock traded down $0.14 on Wednesday, hitting $20.45. The stock had a trading volume of 532,769 shares, compared to its average volume of 639,967. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99. Morgan Stanley Direct Lending has a one year low of $19.05 and a one year high of $24.18. The stock’s 50-day simple moving average is $20.96 and its two-hundred day simple moving average is $20.40. The stock has a market cap of $1.81 billion and a price-to-earnings ratio of 8.02.

About Morgan Stanley Direct Lending

Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.