Short Interest in Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Declines By 53.8%

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 168,040 shares, a decline of 53.8% from the June 30th total of 363,500 shares. Based on an average trading volume of 166,915 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Eclectic Associates Inc. ADV raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 2.9% during the second quarter. Eclectic Associates Inc. ADV now owns 127,002 shares of the company’s stock worth $709,000 after acquiring an additional 3,524 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 223.7% in the second quarter. CoreCap Advisors LLC now owns 80,716 shares of the company’s stock valued at $450,000 after acquiring an additional 55,777 shares during the last quarter. Independent Financial Group LLC acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the first quarter worth about $71,000. Arlington Capital Management Inc. increased its position in Virtus Stone Harbor Emerging Markets Income Fund by 9.1% in the first quarter. Arlington Capital Management Inc. now owns 32,686 shares of the company’s stock worth $156,000 after purchasing an additional 2,714 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in 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 worth $659,000 after purchasing an additional 24,453 shares during the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of EDF stock traded up $0.01 during trading hours on Thursday, reaching $5.13. 86,170 shares of the company were exchanged, compared to its average volume of 192,602. Virtus Stone Harbor Emerging Markets Income Fund has a fifty-two week low of $4.72 and a fifty-two week high of $5.67. The stock’s fifty day moving average is $5.42 and its two-hundred day moving average is $5.19.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 28th. Investors of record on Thursday, August 13th will be given a $0.06 dividend. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date is Thursday, August 13th.

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.