Short Interest in Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Declines By 53.8%

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 168,040 shares, a decline of 53.8% from the June 30th total of 363,500 shares. Based on an average daily volume of 166,915 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. increased its position in Virtus Stone Harbor Emerging Markets Income Fund by 5.8% during the 2nd quarter. Raymond James Financial Inc. now owns 80,315 shares of the company’s stock worth $406,000 after purchasing an additional 4,375 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 2nd quarter worth about $80,000. One Capital Management LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter worth about $53,000. Arlington Capital Management Inc. purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the third quarter worth about $163,000. Finally, Moors & Cabot Inc. grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 9.5% during the third quarter. Moors & Cabot Inc. now owns 117,475 shares of the company’s stock worth $593,000 after buying an additional 10,150 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

EDF stock remained flat at $5.19 on Tuesday. The company had a trading volume of 45,444 shares, compared to its average volume of 194,044. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.72 and a 12-month high of $5.67. The firm’s 50-day moving average price is $5.42 and its two-hundred day moving average price is $5.19.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Thursday, August 13th will be issued a $0.06 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.9%. The ex-dividend date of this dividend is Thursday, August 13th.

About Virtus Stone Harbor Emerging Markets Income Fund

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.