Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Sees Large Increase in Short Interest

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 12,759 shares, an increase of 41.3% from the January 29th total of 9,030 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average trading volume of 10,021 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 10,021 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.1% of the company’s shares are sold short.

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

Shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock opened at $28.56 on Monday. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 52 week low of $23.75 and a 52 week high of $28.90. The business’s fifty day simple moving average is $28.31 and its 200-day simple moving average is $28.09.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a dividend of $0.1281 per share. This represents a c) annualized dividend and a yield of 5.4%. This is a boost from Virtus Stone Harbor Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Friday, February 20th.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets High Yield Bond ETF

An institutional investor recently raised its position in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners increased its stake in shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,105 shares of the company’s stock after purchasing an additional 542 shares during the period. Arax Advisory Partners owned approximately 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 at the end of the most recent reporting period.

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.