Morgan Stanley India Investment Fund sees 529% surge in short interest in July

Short interest in Morgan Stanley India Investment Fund (NYSE:IIF) rose by 529% in July, reaching 10,794 shares as of July 15, up from 1,716 shares at the end of June. The short‑sell ratio was 0.3 days based on an average daily volume of 34,815 shares, with roughly 0.1% of the fund’s shares shorted.

The stock traded up $0.23 to $22.36, with 14,803 shares changing hands, below its average volume of 28,402 shares. The 50‑day moving average is $22.21 and the 200‑day average $22.63; the one‑year price range was $19.83 to $27.99. Institutional investors added to their positions: Lazard Asset Management increased its stake to 772,654 shares worth $19.3 million, Public Employees Retirement System of Ohio lifted its holding to 199,507 shares worth $5.26 million, UBS Group AG raised its position to 164,089 shares valued at $4.32 million, Evergreen Capital Management to 121,279 shares worth $3.26 million, and Stifel Financial Corp increased to 94,630 shares valued at $2.36 million.