Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Down 6.4% in June

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 360,900 shares, a decline of 6.4% from the May 31st total of 385,400 shares. Based on an average daily volume of 122,500 shares, the short-interest ratio is currently 2.9 days.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of EDF traded up $0.05 during midday trading on Tuesday, hitting $5.32. The company had a trading volume of 53,047 shares, compared to its average volume of 136,388. The company’s 50 day moving average price is $5.46 and its 200 day moving average price is $5.01. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $3.51 and a 52 week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 30th. Stockholders of record on Thursday, July 11th will be given a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 13.53%. The ex-dividend date of this dividend is Thursday, July 11th.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James & Associates bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $45,000. J.W. Cole Advisors Inc. bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $53,000. M3 Advisory Group LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $61,000. Atria Wealth Solutions Inc. bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $64,000. Finally, CoreCap Advisors LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $86,000.

About Virtus Stone Harbor Emerging Markets Income Fund

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.