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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 8,300 shares, a drop of 82.8% from the October 31st total of 48,200 shares. Based on an average trading volume of 92,200 shares, the short-interest ratio is presently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of Virtus Stone Harbor Emerging Markets Income Fund stock opened at $5.03 on Friday. The stock’s fifty day moving average is $5.08 and its two-hundred day moving average is $5.24. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $4.20 and a 52 week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, March 13th will be paid a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 14.31%. The ex-dividend date of this dividend is Thursday, March 13th.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EDF. Wedbush Securities Inc. increased its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.8% during the second quarter. Wedbush Securities Inc. now owns 222,180 shares of the company’s stock worth $1,171,000 after acquiring an additional 17,977 shares during the period. J.W. Cole Advisors Inc. increased its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 148.7% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 174,254 shares of the company’s stock worth $913,000 after purchasing an additional 104,181 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter worth $86,000.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.