Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Sees Significant Increase in Short Interest

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 52,300 shares, a growth of 48.6% from the September 15th total of 35,200 shares. Based on an average trading volume of 102,800 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 102,800 shares, the short-interest ratio is presently 0.5 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

EDF opened at $4.86 on Thursday. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $4.14 and a 52 week high of $5.28. The business has a 50 day moving average of $5.07 and a 200-day moving average of $4.97.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Thursday, November 13th will be issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.8%. The ex-dividend date is Thursday, November 13th.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Private Wealth Services LLC lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 33.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 21,992 shares of the company’s stock valued at $111,000 after acquiring an additional 5,470 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 40.4% during the first quarter. J.W. Cole Advisors Inc. now owns 366,025 shares of the company’s stock valued at $1,852,000 after purchasing an additional 105,351 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.9% during the first quarter. Wedbush Securities Inc. now owns 229,053 shares of the company’s stock valued at $1,159,000 after purchasing an additional 8,659 shares during the last quarter. Journey Strategic Wealth LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 1st quarter worth approximately $96,000. Finally, LPL Financial LLC grew its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.4% in the 1st quarter. LPL Financial LLC now owns 273,283 shares of the company’s stock worth $1,383,000 after buying an additional 21,082 shares during the last quarter.

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.