Morg Stan India (NYSE:IIF) major shareholder City Of London Investment Grou sold 74,997 shares of the stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $34.79, for a total transaction of $2,609,145.63. The transaction was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Wednesday, July 5th, City Of London Investment Grou acquired 30,000 shares of Morg Stan India stock. The shares were acquired at an average price of $32.70 per share, with a total value of $981,000.00.
  • On Wednesday, June 7th, City Of London Investment Grou acquired 3,190 shares of Morg Stan India stock. The shares were acquired at an average price of $33.55 per share, with a total value of $107,024.50.
  • On Friday, May 26th, City Of London Investment Grou acquired 24,278 shares of Morg Stan India stock. The shares were acquired at an average price of $32.46 per share, with a total value of $788,063.88.
  • On Wednesday, May 10th, City Of London Investment Grou sold 19,110 shares of Morg Stan India stock. The shares were sold at an average price of $33.16, for a total transaction of $633,687.60.
  • On Wednesday, May 3rd, City Of London Investment Grou sold 36,323 shares of Morg Stan India stock. The shares were sold at an average price of $33.10, for a total transaction of $1,202,291.30.
  • On Monday, May 1st, City Of London Investment Grou sold 49,096 shares of Morg Stan India stock. The shares were sold at an average price of $33.33, for a total transaction of $1,636,369.68.

Morg Stan India (NYSE:IIF) traded down 0.31% during trading on Thursday, reaching $34.89. 18,504 shares of the company’s stock traded hands. The company has a 50-day moving average price of $33.75 and a 200 day moving average price of $31.50. Morg Stan India has a one year low of $23.30 and a one year high of $35.17.

The firm also recently announced a special dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a dividend of $0.7274 per share. This represents a dividend yield of 1.32%. The ex-dividend date was Wednesday, June 28th.

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About Morg Stan India

Morgan Stanley India Investment Fund, Inc is a non-diversified, closed-end management investment company. The Fund may, but it is not required to, use derivative instruments for a variety of purposes, including hedging, risk management, portfolio management or to earn income. The Fund invests in a range of portfolio sectors, including auto components; automobiles; banks; capital markets; construction and engineering; construction materials; consumer finance; diversified financial services; electronic equipment, instruments and components; gas utilities; information technology services; machinery; media; personal products; oil, gas and consumable fuels; pharmaceuticals; tobacco; transportation infrastructure, and water utilities.

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