Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Sees Large Drop in Short Interest

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDFGet Free Report) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 11,500 shares, a drop of 58.8% from the January 15th total of 27,900 shares. Based on an average daily volume of 132,300 shares, the short-interest ratio is currently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 3.3 %

EDF traded down $0.15 during trading on Monday, reaching $4.45. 238,977 shares of the company traded hands, compared to its average volume of 156,220. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $3.51 and a 12-month high of $5.23. The firm has a fifty day simple moving average of $4.39 and a 200 day simple moving average of $4.35.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th will be issued a $0.06 dividend. The ex-dividend date is Friday, February 9th. This represents a $0.72 dividend on an annualized basis and a yield of 16.18%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Several hedge funds have recently bought and sold shares of the stock. Luken Investment Analytics LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the third quarter valued at approximately $44,000. Atria Wealth Solutions Inc. purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the second quarter valued at about $46,000. Raymond James & Associates bought a new position in Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter worth about $45,000. J.W. Cole Advisors Inc. acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter valued at approximately $53,000. Finally, Susquehanna International Group LLP purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the first quarter worth $83,000.

About Virtus Stone Harbor Emerging Markets Income Fund

(Get Free Report)

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.

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