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

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDDGet Free Report) saw a significant growth in short interest in 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 trading volume, of 261,100 shares, the days-to-cover ratio is currently 0.4 days.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

Shares of EDD traded up $0.07 during trading hours on Tuesday, reaching $4.77. The company’s stock had a trading volume of 219,545 shares, compared to its average volume of 248,228. The company has a 50 day moving average of $4.77 and a two-hundred day moving average of $4.73. Morgan Stanley Emerging Markets Domestic Debt Fund has a 1-year low of $4.34 and a 1-year high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 13.43%. The ex-dividend date of this dividend is Monday, March 31st.

Institutional Trading of Morgan Stanley Emerging Markets Domestic Debt Fund

Several large investors have recently made changes to their positions in EDD. One Capital Management LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth $46,000. Sanctuary Advisors LLC bought a new stake in Morgan Stanley Emerging Markets Domestic Debt Fund during the third quarter valued at about $46,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter valued at about $48,000. Virtu Financial LLC acquired a new stake in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the third quarter valued at about $72,000. Finally, Independent Advisor Alliance bought a new position in shares of Morgan Stanley Emerging Markets Domestic Debt Fund in the fourth quarter worth about $117,000.

About Morgan Stanley Emerging Markets Domestic Debt Fund

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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.

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