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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large drop in short interest in 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 daily volume of 92,200 shares, the days-to-cover ratio is currently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of Virtus Stone Harbor Emerging Markets Income Fund stock opened at $5.03 on Friday. The business has a fifty day simple moving average of $5.08 and a 200-day simple moving average of $5.24. Virtus Stone Harbor Emerging Markets Income Fund has a fifty-two week low of $4.20 and a fifty-two week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

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

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

Several large investors have recently modified their holdings of EDF. J.W. Cole Advisors Inc. boosted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 148.7% in the third quarter. J.W. Cole Advisors Inc. now owns 174,254 shares of the company’s stock worth $913,000 after buying an additional 104,181 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 3rd quarter valued at approximately $86,000. Finally, Wedbush Securities Inc. boosted its stake in Virtus Stone Harbor Emerging Markets Income Fund by 8.8% in the 2nd quarter. Wedbush Securities Inc. now owns 222,180 shares of the company’s stock worth $1,171,000 after purchasing an additional 17,977 shares during the period.

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.