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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 56,998 shares, an increase of 43.2% from the February 12th total of 39,798 shares. Based on an average trading volume of 382,593 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 382,593 shares, the short-interest ratio is currently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Up 2.1%

EDF traded up $0.11 on Friday, hitting $5.17. The company had a trading volume of 367,579 shares, compared to its average volume of 246,898. The company’s fifty day moving average price is $5.03 and its 200 day moving average price is $4.99. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.14 and a 1-year high of $5.34.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date is Monday, May 11th.

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

Large investors have recently made changes to their positions in the business. Kovack Advisors Inc. bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at about $77,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth approximately $66,000. Quarry LP bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at approximately $336,000. Wells Fargo & Company MN raised its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 54.3% in the fourth quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock valued at $45,000 after purchasing an additional 3,206 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 3.8% in the fourth quarter. Wedbush Securities Inc. now owns 230,442 shares of the company’s stock worth $1,145,000 after purchasing an additional 8,500 shares during the period.

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.