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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 9,054 shares, a drop of 49.9% from the December 15th total of 18,087 shares. Based on an average daily volume of 109,436 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 109,436 shares, the short-interest ratio is currently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Up 0.8%

Shares of EDF traded up $0.04 during trading hours on Friday, reaching $4.90. 233,645 shares of the company traded hands, compared to its average volume of 189,022. The stock’s fifty day moving average is $4.89 and its 200 day moving average is $4.99. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.14 and a 1-year high of $5.28.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Thursday, February 12th will be given a $0.06 dividend. The ex-dividend date is Thursday, February 12th. This represents a c) dividend on an annualized basis and a dividend yield of 14.7%.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of EDF. Advisory Services Network LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 3rd quarter valued at $30,000. Next Capital Management LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 2nd quarter worth about $50,000. One Capital Management LLC bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter valued at about $53,000. Jane Street Group LLC acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the second quarter valued at about $80,000. Finally, Creative Financial Designs Inc. ADV boosted its position in Virtus Stone Harbor Emerging Markets Income Fund by 23.4% in the third quarter. Creative Financial Designs Inc. ADV now owns 21,587 shares of the company’s stock valued at $109,000 after buying an additional 4,094 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.