Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Down 18.3% in January

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 39,700 shares, a decrease of 18.3% from the December 31st total of 48,600 shares. Based on an average daily volume of 127,800 shares, the short-interest ratio is currently 0.3 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of EDF stock traded down $0.15 on Friday, hitting $5.01. The stock had a trading volume of 202,928 shares, compared to its average volume of 139,481. The business has a 50 day moving average of $4.96 and a 200 day moving average of $5.09. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.34 and a 12-month high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, March 13th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.72 annualized dividend and a dividend yield of 14.37%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sequoia Financial Advisors LLC bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the third quarter valued at about $86,000. J.W. Cole Advisors Inc. grew its position in Virtus Stone Harbor Emerging Markets Income Fund by 148.7% during the third quarter. J.W. Cole Advisors Inc. now owns 174,254 shares of the company’s stock valued at $913,000 after buying an additional 104,181 shares during the period. Finally, Atria Wealth Solutions Inc. bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter worth about $53,000.

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.