Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Sees Significant Increase in Short Interest

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 52,300 shares, an increase of 48.6% from the September 15th total of 35,200 shares. Based on an average trading volume of 102,800 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 102,800 shares, the short-interest ratio is currently 0.5 days.

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

Hedge funds have recently bought and sold shares of the business. J.W. Cole Advisors Inc. lifted its stake in Virtus Stone Harbor Emerging Markets Income Fund by 2.4% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 374,749 shares of the company’s stock valued at $1,892,000 after acquiring an additional 8,724 shares during the period. LPL Financial LLC raised its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.4% during the first quarter. LPL Financial LLC now owns 273,283 shares of the company’s stock valued at $1,383,000 after purchasing an additional 21,082 shares during the last quarter. Wedbush Securities Inc. lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 3.9% during the first quarter. Wedbush Securities Inc. now owns 229,053 shares of the company’s stock valued at $1,159,000 after purchasing an additional 8,659 shares during the period. Moors & Cabot Inc. boosted its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 5.1% in the first quarter. Moors & Cabot Inc. now owns 107,650 shares of the company’s stock worth $545,000 after purchasing an additional 5,225 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position 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 worth $486,000 after purchasing an additional 2,108 shares during the period.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.8%

Shares of EDF opened at $4.86 on Thursday. The business’s fifty day simple moving average is $5.07 and its two-hundred day simple moving average is $4.97. Virtus Stone Harbor Emerging Markets Income Fund has a 12 month low of $4.14 and a 12 month high of $5.28.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 26th. Investors of record on Thursday, November 13th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a c) annualized dividend and a dividend yield of 14.8%.

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.