Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 152.1% in April

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 64,408 shares, an increase of 152.1% from the April 15th total of 25,549 shares. Based on an average daily volume of 129,538 shares, the short-interest ratio is currently 0.5 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of EDF traded down $0.10 during trading on Friday, reaching $5.23. The company’s stock had a trading volume of 113,788 shares, compared to its average volume of 215,828. The company has a fifty day moving average of $5.09 and a two-hundred day moving average of $5.00. Virtus Stone Harbor Emerging Markets Income Fund has a twelve month low of $4.72 and a twelve month high of $5.35.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Monday, May 11th will be given a $0.06 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date of this dividend is Monday, May 11th.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. J.W. Cole Advisors Inc. raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.5% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 395,380 shares of the company’s stock valued at $1,997,000 after acquiring an additional 20,631 shares in the last quarter. Absolute Investment Advisers LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $1,771,000. Wedbush Securities Inc. raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.8% during the 4th quarter. Wedbush Securities Inc. now owns 230,442 shares of the company’s stock valued at $1,145,000 after acquiring an additional 8,500 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 21.6% during the 1st quarter. Kestra Advisory Services LLC now owns 137,908 shares of the company’s stock valued at $659,000 after acquiring an additional 24,453 shares in the last quarter. Finally, Moors & Cabot Inc. raised its position in shares of 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 valued at $593,000 after acquiring an additional 10,150 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.