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

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD - Get Free Report) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 106,000 shares, a decrease of 38.6% from the April 30th total of 172,500 shares. Based on an average daily volume of 84,800 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.5% of the company's stock are sold short.Morgan Stanley Emerging Markets Debt Fund Price PerformanceTop 3 Business Development Companies for Double-Digit DividendsMSD traded up $0.01 during midday trading on Friday, hitting $7.69. 47,814 shares of the company's stock traded hands, compared to its average volume of 81,550. The stock's fifty day simple moving average is $7.56 and its 200-day simple moving average is $7.78. Morgan Stanley Emerging Markets Debt Fund has a one year low of $6.91 and a one year high of $8.32. Morgan Stanley Emerging Markets Debt Fund Cuts DividendThe company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 11.44%. The ex-dividend date of this dividend was Monday, March 31st. Hedge Funds Weigh In On Morgan Stanley Emerging Markets Debt FundA number of institutional investors have recently modified their holdings of the company. GraniteShares Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth $2,481,000. Whipplewood Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth $2,186,000. Ameriprise Financial Inc. boosted its stake in Morgan Stanley Emerging Markets Debt Fund by 67.9% during the fourth quarter. Ameriprise Financial Inc. now owns 213,091 shares of the company's stock worth $1,616,000 after buying an additional 86,190 shares in the last quarter. Wealthstar Advisors LLC acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth $646,000. Finally, Raymond James Financial Inc. acquired a new stake in Morgan Stanley Emerging Markets Debt Fund during the fourth quarter worth $551,000. About Morgan Stanley Emerging Markets Debt Fund (Get Free Report)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.Recommended StoriesFive stocks we like better than Morgan Stanley Emerging Markets Debt Fund3 Defense Stocks Set to Benefit From Increased Military SpendingNear 52-Week Lows, These 3 Mid-Cap Stocks Are Worth a LookHow to Use High Beta Stocks to Maximize Your Investing Profits3 Overlooked Dividend Plays for Income in Volatile Times3 Warren Buffett Stocks to Buy NowAXON: Competition Intensifies as Motorola Makes $4.4B AcquisitionThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Morgan Stanley Emerging Markets Debt Fund Right Now?Before you consider Morgan Stanley Emerging Markets Debt Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Stanley Emerging Markets Debt Fund wasn't on the list.While Morgan Stanley Emerging Markets Debt Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here