Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Short Interest Up 41.3% in February

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,759 shares, a growth of 41.3% from the January 29th total of 9,030 shares. Approximately 2.1% of the shares of the company are sold short. Based on an average trading volume of 10,021 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 10,021 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.1% of the shares of the company are sold short.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Performance

Shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock traded down $0.12 during trading on Tuesday, reaching $28.40. The company’s stock had a trading volume of 7,666 shares, compared to its average volume of 12,050. The company has a 50-day moving average price of $28.33 and a two-hundred day moving average price of $28.10. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a fifty-two week low of $23.75 and a fifty-two week high of $28.90.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a $0.1281 dividend. The ex-dividend date of this dividend was Friday, February 20th. This is a positive change from Virtus Stone Harbor Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.12. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets High Yield Bond ETF

An institutional investor recently raised its position in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners boosted its stake in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,105 shares of the company’s stock after acquiring an additional 542 shares during the period. Arax Advisory Partners owned 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 as of its most recent SEC filing.

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.