Short Interest in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Declines By 70.1%

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,015 shares, a drop of 70.1% from the August 15th total of 30,121 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 14,011 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets High Yield Bond ETF

A hedge fund recently raised its position in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners boosted its position in shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,105 shares of the company’s stock after buying an additional 542 shares during the period. Arax Advisory Partners owned approximately 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 at the end of the most recent quarter.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Price Performance

Shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock traded down $0.01 on Friday, hitting $28.29. The stock had a trading volume of 5,547 shares, compared to its average volume of 18,159. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a twelve month low of $27.34 and a twelve month high of $29.11. The business’s 50 day moving average is $28.61 and its two-hundred day moving average is $28.53.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Company Profile

The Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed, broad portfolio of emerging market high yield debt securities. The fund seeks current income and secondarily, capital appreciation. VEMY was launched on Dec 12, 2022 and is managed by Virtus.