Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Update

Posted by William Tyler on Jan 13th, 2025

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF – Get Free Report) was the target of 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 trading volume of 128,400 shares, the short-interest ratio is presently 0.4 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Down 1.2 %

Shares of NYSE:EDF traded down $0.06 during midday trading on Monday, hitting $4.98. The company had a trading volume of 154,578 shares, compared to its average volume of 168,996. The firm has a fifty day simple moving average of $4.94 and a 200 day simple moving average of $5.11. Virtus Stone Harbor Emerging Markets Income Fund has a 12 month low of $4.31 and a 12 month high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, March 13th will be given a $0.06 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.46%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Virtus Stone Harbor Emerging Markets Income Fund stock. Sequoia Financial Advisors LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,345 shares of the company’s stock, valued at approximately $86,000.

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.