Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Sees Significant Increase in Short Interest

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 9,030 shares, an increase of 415.1% from the January 15th total of 1,753 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily volume of 14,527 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 14,527 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.5% of the company’s shares are sold short.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Up 0.2%

Shares of NYSEARCA VEMY opened at $28.68 on Friday. The firm’s fifty day moving average is $28.25 and its 200 day moving average is $28.00. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 52 week low of $23.75 and a 52 week high of $28.81.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, January 27th. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.1246 per share. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Tuesday, January 20th.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Company Profile

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.