Morgan Stanley Direct Lending (NYSE:MSDL) Short Interest Update

Morgan Stanley Direct Lending (NYSE:MSDL) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 37,000 shares, a decrease of 77.5% from the January 15th total of 164,100 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 528,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Morgan Stanley Direct Lending

Institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP purchased a new stake in shares of Morgan Stanley Direct Lending in the third quarter worth about $32,000. Muzinich & Co. Inc. purchased a new stake in Morgan Stanley Direct Lending in the 3rd quarter worth approximately $68,000. Total Clarity Wealth Management Inc. bought a new position in Morgan Stanley Direct Lending in the 4th quarter valued at $204,000. Centiva Capital LP bought a new position in shares of Morgan Stanley Direct Lending in the third quarter worth $213,000. Finally, Samalin Investment Counsel LLC purchased a new stake in shares of Morgan Stanley Direct Lending in the fourth quarter worth $229,000.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company boosted their target price on Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $21.58.

Morgan Stanley Direct Lending Stock Performance

Shares of MSDL traded down $0.14 during mid-day trading on Wednesday, hitting $20.45. The stock had a trading volume of 532,769 shares, compared to its average volume of 639,967. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market cap of $1.81 billion and a P/E ratio of 8.02. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18. The business has a fifty day moving average price of $20.96 and a 200-day moving average price of $20.40.

Morgan Stanley Direct Lending Company Profile

Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.