Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 548.0% in December

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 48,600 shares, an increase of 548.0% from the December 15th total of 7,500 shares. Based on an average daily volume of 128,400 shares, the days-to-cover ratio is presently 0.4 days.

Virtus Stone Harbor Emerging Markets Income Fund Trading Up 1.0 %

Shares of NYSE:EDF traded up $0.05 during midday trading on Wednesday, hitting $5.02. The company’s stock had a trading volume of 89,515 shares, compared to its average volume of 152,142. Virtus Stone Harbor Emerging Markets Income Fund has a fifty-two week low of $4.31 and a fifty-two week high of $5.75. The stock’s 50 day simple moving average is $4.93 and its 200 day simple moving average is $5.11.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, March 13th will be given a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 14.34%. The ex-dividend date is Thursday, March 13th.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

An institutional investor recently bought a new position in Virtus Stone Harbor Emerging Markets Income Fund stock. Sequoia Financial Advisors LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 16,345 shares of the company’s stock, valued at approximately $86,000.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.