Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Update

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 114,673 shares, a growth of 101.2% from the February 26th total of 56,998 shares. Based on an average trading volume of 296,215 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. One Capital Management LLC boosted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 19.3% during the fourth quarter. One Capital Management LLC now owns 12,446 shares of the company’s stock worth $62,000 after acquiring an additional 2,011 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 2.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 96,153 shares of the company’s stock valued at $486,000 after buying an additional 2,108 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 3.4% during the 3rd quarter. Raymond James Financial Inc. now owns 83,022 shares of the company’s stock valued at $419,000 after buying an additional 2,707 shares in the last quarter. Wells Fargo & Company MN increased its stake in Virtus Stone Harbor Emerging Markets Income Fund by 54.3% in the 4th quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock worth $45,000 after acquiring an additional 3,206 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 18.9% during the 3rd quarter. Susquehanna International Group LLP now owns 21,820 shares of the company’s stock worth $110,000 after acquiring an additional 3,475 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

NYSE EDF traded down $0.04 on Thursday, reaching $4.96. 167,809 shares of the stock were exchanged, compared to its average volume of 236,404. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.14 and a one year high of $5.34. The company’s 50-day simple moving average is $5.05 and its two-hundred day simple moving average is $4.99.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Monday, May 11th will be given a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 14.5%. The ex-dividend date is Monday, May 11th.

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.