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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 125,100 shares, a drop of 5.8% from the August 15th total of 132,800 shares. Based on an average daily volume of 80,200 shares, the days-to-cover ratio is presently 1.6 days.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Virtus Stone Harbor Emerging Markets Income Fund stock opened at $5.22 on Wednesday. The firm has a fifty day simple moving average of $5.24 and a two-hundred day simple moving average of $5.31. Virtus Stone Harbor Emerging Markets Income Fund has a twelve month low of $3.51 and a twelve month high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be paid a $0.06 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $0.72 dividend on an annualized basis and a yield of 13.81%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors have recently made changes to their positions in EDF. M3 Advisory Group LLC purchased a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at $61,000. J.W. Cole Advisors Inc. grew its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 77.8% in the first quarter. J.W. Cole Advisors Inc. now owns 21,665 shares of the company’s stock worth $117,000 after purchasing an additional 9,483 shares during the last quarter. Centaurus Financial Inc. purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $125,000. Nomura Holdings Inc. bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $167,000. Finally, Advisory Services Network LLC lifted its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 118.5% in the 4th quarter. Advisory Services Network LLC now owns 45,645 shares of the company’s stock worth $197,000 after buying an additional 24,757 shares during the period.

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.