Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 43.2% in February

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 56,998 shares, an increase of 43.2% from the February 12th total of 39,798 shares. Based on an average daily volume of 382,593 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 382,593 shares, the short-interest 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 $5.17 on Monday. The stock’s 50-day moving average is $5.03 and its 200-day moving average is $4.99. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.14 and a one year high of $5.34.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 28th. Investors of record on Monday, May 11th will be given a $0.06 dividend. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date of this dividend is Monday, May 11th.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

A number of large investors have recently bought and sold shares of the company. Journey Strategic Wealth LLC lifted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 31.6% in the second quarter. Journey Strategic Wealth LLC now owns 25,000 shares of the company’s stock worth $126,000 after purchasing an additional 6,000 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in Virtus Stone Harbor Emerging Markets Income Fund by 2.4% in the second quarter. J.W. Cole Advisors Inc. now owns 374,749 shares of the company’s stock valued at $1,892,000 after purchasing an additional 8,724 shares in the last quarter. Raymond James Financial Inc. grew its position in Virtus Stone Harbor Emerging Markets Income Fund by 5.8% in the second quarter. Raymond James Financial Inc. now owns 80,315 shares of the company’s stock valued at $406,000 after purchasing an additional 4,375 shares in the last quarter. Jane Street Group LLC acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 2nd quarter valued at $80,000. Finally, Dynamic Advisor Solutions LLC increased its stake in Virtus Stone Harbor Emerging Markets Income Fund by 2.2% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 96,153 shares of the company’s stock valued at $486,000 after buying an additional 2,108 shares during the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) is a closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in fixed-income securities issued by sovereign, quasi-sovereign and corporate issuers in emerging market countries. The fund’s portfolio is diversified across both hard-currency and local-currency debt instruments, with exposure to regions including Asia, Latin America, Eastern Europe, the Middle East and Africa.