Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Update

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 70,500 shares, a growth of 77.6% from the January 15th total of 39,700 shares. Based on an average daily volume of 135,100 shares, the days-to-cover ratio is presently 0.5 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Up 0.3 %

Virtus Stone Harbor Emerging Markets Income Fund stock traded up $0.02 during trading hours on Friday, hitting $5.08. 119,073 shares of the company traded hands, compared to its average volume of 128,632. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.42 and a 1-year high of $5.75. The firm’s 50-day simple moving average is $4.97 and its two-hundred day simple moving average is $5.08.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, March 13th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.19%.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter valued at $86,000. Raymond James Financial Inc. acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter worth $331,000. Arlington Capital Management Inc. acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at $143,000. Creative Financial Designs Inc. ADV increased its stake in Virtus Stone Harbor Emerging Markets Income Fund by 41.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 17,314 shares of the company’s stock worth $81,000 after purchasing an additional 5,085 shares in the last quarter. Finally, Naviter Wealth LLC acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth about $87,000.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.