Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 548.0% in January

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 48,600 shares, an increase of 548.0% from the December 31st total of 7,500 shares. Based on an average trading volume of 128,400 shares, the short-interest ratio is currently 0.4 days.

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

An institutional investor recently bought a new position in Virtus Stone Harbor Emerging Markets Income Fund stock. Sequoia Financial Advisors LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 16,345 shares of the company’s stock, valued at approximately $86,000.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

EDF opened at $5.16 on Wednesday. The company’s 50-day simple moving average is $4.95 and its two-hundred day simple moving average is $5.09. Virtus Stone Harbor Emerging Markets Income Fund has a 52-week low of $4.34 and a 52-week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.95%.

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.