Short Interest in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Decreases By 47.1%

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 4,125 shares, a decline of 47.1% from the April 30th total of 7,794 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 17,221 shares, the days-to-cover ratio is currently 0.2 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 lifted its holdings in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,105 shares of the company’s stock after acquiring an additional 542 shares during the quarter. Arax Advisory Partners owned approximately 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 at the end of the most recent reporting period.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Down 0.0%

NYSEARCA VEMY traded down $0.01 during trading on Monday, reaching $28.74. 2,723 shares of the company traded hands, compared to its average volume of 10,582. The stock’s 50 day moving average price is $28.35 and its two-hundred day moving average price is $28.31. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 1-year low of $26.40 and a 1-year high of $29.00.

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.