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 large growth in short interest during the month of September. As of September 15th, there was short interest totaling 239,491 shares, a growth of 124.1% from the August 31st total of 106,887 shares. Based on an average daily volume of 146,735 shares, the short-interest ratio is currently 1.6 days.

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

Institutional investors have recently bought and sold shares of the stock. Baird Financial Group Inc. lifted its stake in Virtus Stone Harbor Emerging Markets Income Fund by 2.0% during the 2nd quarter. Baird Financial Group Inc. now owns 202,214 shares of the company’s stock valued at $1,128,000 after acquiring an additional 3,953 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 688.5% during the 2nd quarter. HighTower Advisors LLC now owns 107,652 shares of the company’s stock worth $601,000 after acquiring an additional 94,000 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 93.9% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,027 shares of the company’s stock worth $117,000 after acquiring an additional 10,184 shares in the last quarter. Wedbush Securities Inc. grew its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.9% in the 2nd quarter. Wedbush Securities Inc. now owns 222,779 shares of the company’s stock worth $1,243,000 after acquiring an additional 18,296 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 2nd quarter worth $97,000.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

EDF traded up $0.01 during midday trading on Friday, reaching $5.05. 122,247 shares of the company were exchanged, compared to its average volume of 176,350. The company’s fifty day moving average price is $5.23 and its 200 day moving average price is $5.25. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.72 and a one year high of $5.67.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 27th. Investors of record on Thursday, November 12th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $0.72 annualized dividend and a dividend yield of 14.2%.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol EDF. The fund seeks to provide investors with a high level of current income and, secondarily, capital appreciation by investing primarily in debt securities and other income-producing investments tied to emerging-market countries.

The fund’s portfolio may include sovereign and corporate bonds, loans, and other fixed-income securities denominated in both U.S.