Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 77.6% in January

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 70,500 shares, an increase of 77.6% from the January 15th total of 39,700 shares. Based on an average daily trading volume, of 135,100 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EDF. Atria Wealth Solutions Inc. purchased a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at about $53,000. One Capital Management LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $55,000. Creative Financial Designs Inc. ADV raised its stake in Virtus Stone Harbor Emerging Markets Income Fund by 41.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 17,314 shares of the company’s stock valued at $81,000 after purchasing an additional 5,085 shares during the period. Jane Street Group LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $86,000. Finally, Sequoia Financial Advisors LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter valued at approximately $86,000.

Virtus Stone Harbor Emerging Markets Income Fund Stock Up 0.3 %

Shares of EDF stock traded up $0.02 during trading hours on Friday, reaching $5.08. 119,073 shares of the company traded hands, compared to its average volume of 128,632. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.42 and a 12-month high of $5.75. The firm has a 50-day moving average price of $4.97 and a 200 day moving average price of $5.08.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.19%.

About Virtus Stone Harbor Emerging Markets Income Fund

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.