Short Interest in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Rises By 22.1%

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 10,301 shares, a growth of 22.1% from the December 15th total of 8,437 shares. Based on an average daily volume of 3,239 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.7% of the company’s stock are short sold. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 3,239 shares, the days-to-cover ratio is currently 3.2 days.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Up 0.1%

Shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock opened at $28.25 on Tuesday. The company has a 50-day simple moving average of $28.18 and a two-hundred day simple moving average of $27.85. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 52-week low of $23.75 and a 52-week high of $28.62.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 27th. Investors of record on Tuesday, January 20th will be issued a $0.1246 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Tuesday, January 20th.

About Virtus Stone Harbor Emerging Markets High Yield Bond ETF

The Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed, broad portfolio of emerging market high yield debt securities. The fund seeks current income and secondarily, capital appreciation. VEMY was launched on Dec 12, 2022 and is managed by Virtus.