Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Down 18.3% in January

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 39,700 shares, a decline of 18.3% from the December 31st total of 48,600 shares. Based on an average trading volume of 127,800 shares, the days-to-cover ratio is presently 0.3 days.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 2.9 %

Shares of NYSE:EDF traded down $0.15 during trading on Friday, reaching $5.01. The stock had a trading volume of 202,928 shares, compared to its average volume of 139,481. The firm’s fifty day moving average is $4.96 and its 200 day moving average is $5.09. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $4.34 and a 52 week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, March 13th will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.37%. The ex-dividend date is Thursday, March 13th.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors have recently modified their holdings of EDF. J.W. Cole Advisors Inc. lifted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 49.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 260,674 shares of the company’s stock valued at $1,225,000 after acquiring an additional 86,420 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter valued at $86,000. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at $53,000.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.