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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 56,000 shares, an increase of 574.7% from the November 15th total of 8,300 shares. Based on an average trading volume of 102,700 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EDF. Sequoia Financial Advisors LLC purchased a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter worth $86,000. J.W. Cole Advisors Inc. boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 223.4% in the second quarter. J.W. Cole Advisors Inc. now owns 70,073 shares of the company’s stock worth $369,000 after acquiring an additional 48,408 shares during the period. Finally, Wedbush Securities Inc. grew its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 8.8% during the 2nd quarter. Wedbush Securities Inc. now owns 222,180 shares of the company’s stock valued at $1,171,000 after buying an additional 17,977 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.5 %

Shares of Virtus Stone Harbor Emerging Markets Income Fund stock traded down $0.03 during trading on Wednesday, hitting $5.04. 136,318 shares of the company’s stock traded hands, compared to its average volume of 115,150. Virtus Stone Harbor Emerging Markets Income Fund has a 1 year low of $4.20 and a 1 year high of $5.75. The business has a 50-day simple moving average of $5.05 and a 200-day simple moving average of $5.22.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 14.29%.

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.