Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 48.6% in September

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 52,300 shares, a growth of 48.6% from the September 15th total of 35,200 shares. Based on an average daily volume of 102,800 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 102,800 shares, the days-to-cover ratio is currently 0.5 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

EDF opened at $4.87 on Friday. The business has a fifty day simple moving average of $5.06 and a 200 day simple moving average of $4.97. 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 business also recently announced a monthly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.8%. The ex-dividend date is Thursday, November 13th.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of EDF. Next Capital Management LLC acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 2nd quarter worth about $50,000. Jane Street Group LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 2nd quarter valued at about $80,000. Journey Strategic Wealth LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 1st quarter valued at about $96,000. Kestra Private Wealth Services LLC boosted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 33.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 21,992 shares of the company’s stock valued at $111,000 after purchasing an additional 5,470 shares in the last quarter. Finally, Integrity Alliance LLC. bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 1st quarter valued at about $122,000.

About Virtus Stone Harbor Emerging Markets Income Fund

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.