Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 43.2% in February

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 56,998 shares, an increase of 43.2% from the February 12th total of 39,798 shares. Based on an average daily trading volume, of 382,593 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 382,593 shares, the short-interest ratio is presently 0.1 days.

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

Institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund during the third quarter valued at approximately $30,000. Wells Fargo & Company MN raised its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 54.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock worth $45,000 after purchasing an additional 3,206 shares in the last quarter. One Capital Management LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter valued at about $53,000. Landscape Capital Management L.L.C. bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at approximately $66,000. Finally, Kovack Advisors Inc. acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter worth approximately $77,000.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of Virtus Stone Harbor Emerging Markets Income Fund stock traded up $0.11 during trading on Friday, hitting $5.17. The stock had a trading volume of 367,579 shares, compared to its average volume of 246,898. Virtus Stone Harbor Emerging Markets Income Fund has a 1 year low of $4.14 and a 1 year high of $5.34. The stock has a 50 day simple moving average of $5.03 and a 200 day simple moving average of $4.99.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Monday, May 11th will be issued a $0.06 dividend. The ex-dividend date is Monday, May 11th. This represents a c) dividend on an annualized basis and a dividend yield of 13.9%.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.