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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 80,708 shares, a decline of 36.6% from the July 30th total of 127,210 shares. Based on an average daily trading volume, of 109,399 shares, the days-to-cover ratio is presently 0.7 days.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.2%

Shares of EDF stock traded down $0.01 during trading hours on Wednesday, hitting $5.22. 21,514 shares of the company’s stock were exchanged, compared to its average volume of 178,214. Virtus Stone Harbor Emerging Markets Income Fund has a fifty-two week low of $4.72 and a fifty-two week high of $5.67. The firm has a 50 day moving average of $5.30 and a two-hundred day moving average of $5.23.

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

A number of large investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC grew its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 688.5% in the second quarter. HighTower Advisors LLC now owns 107,652 shares of the company’s stock valued at $601,000 after purchasing an additional 94,000 shares during the period. Eclectic Associates Inc. ADV purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at about $379,000. Quarry LP purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at about $336,000. CoreCap Advisors LLC boosted its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 223.7% in the 2nd quarter. CoreCap Advisors LLC now owns 80,716 shares of the company’s stock worth $450,000 after buying an additional 55,777 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 1st quarter worth about $190,000.

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.