Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Short Interest Up 12.8% in April

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 5,025 shares, an increase of 12.8% from the March 31st total of 4,453 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 7,392 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets High Yield Bond ETF

A hedge fund recently raised its stake in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners boosted its stake in shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,105 shares of the company’s stock after purchasing an additional 542 shares during the quarter. Arax Advisory Partners owned about 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Performance

Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock opened at $28.60 on Friday. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 52-week low of $25.96 and a 52-week high of $29.00. The business has a 50-day simple moving average of $28.26 and a two-hundred day simple moving average of $28.22.

About Virtus Stone Harbor Emerging Markets High Yield Bond ETF

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.