Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Sees Significant Increase in Short Interest

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 10,301 shares, an increase of 22.1% from the December 15th total of 8,437 shares. Based on an average trading volume of 3,239 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.7% of the company’s stock are sold short. Currently, 1.7% of the company’s stock are sold short. Based on an average trading volume of 3,239 shares, the days-to-cover ratio is presently 3.2 days.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Up 0.1%

Shares of VEMY opened at $28.25 on Monday. The business’s 50 day moving average is $28.18 and its two-hundred day moving average is $27.84. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 52-week low of $23.75 and a 52-week high of $28.62.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, January 27th. Stockholders of record on Tuesday, January 20th will be paid a $0.1246 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Tuesday, January 20th.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Company Profile

The Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed, broad portfolio of emerging market high yield debt securities. The fund seeks current income and secondarily, capital appreciation. VEMY was launched on Dec 12, 2022 and is managed by Virtus.