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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a significant decline in short interest in 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 presently 1.0 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Down 1.3%

Shares of NYSE:EDF traded down $0.07 during trading on Wednesday, hitting $5.12. 95,127 shares of the company traded hands, compared to its average volume of 193,352. The business’s fifty day moving average is $5.42 and its 200-day moving average is $5.19. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.72 and a one year high of $5.67.

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 dividend of $0.06 per share. The ex-dividend date is Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 14.1%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Eclectic Associates Inc. ADV lifted its stake in Virtus Stone Harbor Emerging Markets Income Fund by 2.9% in the second quarter. Eclectic Associates Inc. ADV now owns 127,002 shares of the company’s stock valued at $709,000 after buying an additional 3,524 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 223.7% during 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 period. Independent Financial Group LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the first quarter worth about $71,000. Arlington Capital Management Inc. grew its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 9.1% during the first quarter. Arlington Capital Management Inc. now owns 32,686 shares of the company’s stock worth $156,000 after acquiring an additional 2,714 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 21.6% in the 1st quarter. Kestra Advisory Services LLC now owns 137,908 shares of the company’s stock worth $659,000 after acquiring an additional 24,453 shares during the period.

About Virtus Stone Harbor Emerging Markets Income Fund

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.