Short Interest in Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Increases By 85.8%

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 16,826 shares, a growth of 85.8% from the December 31st total of 9,054 shares. Based on an average daily trading volume, of 184,616 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 184,616 shares, the short-interest ratio is presently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of NYSE EDF traded down $0.03 during midday trading on Friday, hitting $5.01. The company’s stock had a trading volume of 164,030 shares, compared to its average volume of 169,697. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.14 and a one year high of $5.28. The stock has a fifty day moving average price of $4.89 and a 200 day moving average price of $4.99.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 26th. Investors of record on Thursday, February 12th will be issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a yield of 14.4%. The ex-dividend date is Thursday, February 12th.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of EDF. Advisory Services Network LLC purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the third quarter worth about $30,000. Next Capital Management LLC purchased a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the second quarter worth $50,000. One Capital Management LLC purchased a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the third quarter valued at $53,000. Jane Street Group LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 2nd quarter worth $80,000. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 23.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 21,587 shares of the company’s stock worth $109,000 after purchasing an additional 4,094 shares in the last quarter.

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.