Short Interest in Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Declines By 36.6%

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 80,708 shares, a decrease of 36.6% from the July 30th total of 127,210 shares. Based on an average daily trading volume, of 109,399 shares, the short-interest ratio is currently 0.7 days.

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

A number of hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 688.5% during the 2nd quarter. HighTower Advisors LLC now owns 107,652 shares of the company’s stock valued at $601,000 after buying an additional 94,000 shares in the last quarter. Eclectic Associates Inc. ADV purchased a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at $379,000. Quarry LP purchased a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at $336,000. CoreCap Advisors LLC grew its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 223.7% in the 2nd quarter. CoreCap Advisors LLC now owns 80,716 shares of the company’s stock worth $450,000 after acquiring an additional 55,777 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 1st quarter worth $190,000.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of EDF stock remained flat at $5.24 on Tuesday. 52,068 shares of the stock traded hands, compared to its average volume of 179,156. The company’s 50-day moving average is $5.30 and its 200 day moving average is $5.23. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $4.72 and a 52 week high of $5.67.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Thursday, August 13th were paid a $0.06 dividend. This represents a c) dividend on an annualized basis and a yield of 13.7%. The ex-dividend date was Thursday, August 13th.

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.