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 during the month of February. As of February 28th, there was short interest totalling 87,700 shares, a growth of 154.9% from the February 13th total of 34,400 shares. Based on an average daily trading volume, of 139,900 shares, the days-to-cover ratio is presently 0.6 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Down 1.2 %

EDF traded down $0.06 during midday trading on Friday, hitting $5.00. The stock had a trading volume of 153,599 shares, compared to its average volume of 113,383. Virtus Stone Harbor Emerging Markets Income Fund has a 1 year low of $4.58 and a 1 year high of $5.75. The business has a fifty day moving average of $5.09 and a 200 day moving average of $5.07.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 12th will be issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 14.40%. The ex-dividend date of this dividend is Thursday, June 12th.

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

A number of large investors have recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. grew its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 49.6% during the fourth quarter. J.W. Cole Advisors Inc. now owns 260,674 shares of the company’s stock valued at $1,225,000 after buying an additional 86,420 shares during the last quarter. Wolverine Asset Management LLC bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth approximately $425,000. Raymond James Financial Inc. purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth approximately $331,000. Arlington Capital Management Inc. bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter valued at approximately $143,000. Finally, Naviter Wealth LLC purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at approximately $87,000.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.