Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 1,016.0% in January

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDFGet Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 27,900 shares, an increase of 1,016.0% from the December 31st total of 2,500 shares. Based on an average daily volume of 116,400 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. raised its stake in Virtus Stone Harbor Emerging Markets Income Fund by 7.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 34,807 shares of the company’s stock valued at $150,000 after buying an additional 2,307 shares in the last quarter. Melfa Wealth Management LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at approximately $115,000. CoreCap Advisors LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at approximately $86,000. Dynamic Advisor Solutions LLC grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 131,277 shares of the company’s stock valued at $580,000 after purchasing an additional 4,598 shares during the last quarter. Finally, 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.

Virtus Stone Harbor Emerging Markets Income Fund Trading Up 0.3 %

Shares of NYSE:EDF traded up $0.01 during trading on Thursday, hitting $4.40. The company’s stock had a trading volume of 142,093 shares, compared to its average volume of 129,588. Virtus Stone Harbor Emerging Markets Income Fund has a fifty-two week low of $3.51 and a fifty-two week high of $5.62. The stock’s 50-day moving average price is $4.34 and its two-hundred day moving average price is $4.36.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th will be paid a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 16.38%. The ex-dividend date is Friday, February 9th.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

(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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