Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Down 45.3% in December

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 18,087 shares, a decrease of 45.3% from the November 30th total of 33,041 shares. Based on an average trading volume of 135,348 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 135,348 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 395,380 shares of the company’s stock worth $1,997,000 after purchasing an additional 20,631 shares during the period. Wedbush Securities Inc. boosted its position in Virtus Stone Harbor Emerging Markets Income Fund by 6.3% during the third quarter. Wedbush Securities Inc. now owns 221,942 shares of the company’s stock valued at $1,121,000 after acquiring an additional 13,103 shares during the last quarter. Moors & Cabot Inc. grew its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 9.5% during the 3rd quarter. Moors & Cabot Inc. now owns 117,475 shares of the company’s stock worth $593,000 after acquiring an additional 10,150 shares during the period. Dynamic Advisor Solutions LLC raised its position in shares of 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 acquiring an additional 2,108 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.4% in the 3rd quarter. Raymond James Financial Inc. now owns 83,022 shares of the company’s stock valued at $419,000 after purchasing an additional 2,707 shares during the period.

Virtus Stone Harbor Emerging Markets Income Fund Trading Up 0.3%

Shares of NYSE:EDF opened at $4.89 on Friday. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $4.14 and a 52 week high of $5.28. The firm’s fifty day moving average is $4.89 and its 200-day moving average is $5.00.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date is Thursday, February 12th.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) is a closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in fixed-income securities issued by sovereign, quasi-sovereign and corporate issuers in emerging market countries. The fund’s portfolio is diversified across both hard-currency and local-currency debt instruments, with exposure to regions including Asia, Latin America, Eastern Europe, the Middle East and Africa.