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

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 97,000 shares, a growth of 30.4% from the February 28th total of 74,400 shares. Based on an average daily volume of 261,100 shares, the short-interest ratio is currently 0.4 days.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

NYSE EDD traded down $0.14 during mid-day trading on Monday, reaching $4.71. 299,954 shares of the company’s stock traded hands, compared to its average volume of 247,976. Morgan Stanley Emerging Markets Domestic Debt Fund has a 1-year low of $4.34 and a 1-year high of $5.20. The company has a fifty day simple moving average of $4.77 and a 200-day simple moving average of $4.73.

Morgan Stanley Emerging Markets Domestic Debt Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 13.60%. The ex-dividend date of this dividend is Monday, March 31st.

Institutional Trading of Morgan Stanley Emerging Markets Domestic Debt Fund

Institutional investors have recently added to or reduced their stakes in the stock. One Capital Management LLC acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund during the 4th quarter worth $46,000. Sanctuary Advisors LLC acquired a new position in Morgan Stanley Emerging Markets Domestic Debt Fund in the third quarter worth about $46,000. U.S. Capital Wealth Advisors LLC bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter valued at about $48,000. Virtu Financial LLC bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund in the third quarter valued at about $72,000. Finally, Independent Advisor Alliance acquired a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund during the fourth quarter valued at approximately $117,000.

Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual 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 typically invests in government bonds denominated in the local currencies of emerging markets.