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 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 short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EDF. Sequoia Financial Advisors LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 3rd quarter valued at $86,000. J.W. Cole Advisors Inc. raised its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 223.4% during the second quarter. J.W. Cole Advisors Inc. now owns 70,073 shares of the company’s stock valued at $369,000 after buying an additional 48,408 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.8% in the second quarter. Wedbush Securities Inc. now owns 222,180 shares of the company’s stock worth $1,171,000 after buying an additional 17,977 shares during the last quarter.

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 stock has a 50-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 52-week low of $4.20 and a 52-week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

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

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.