Short Interest in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Grows By 88.1%

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 31,258 shares, a growth of 88.1% from the June 30th total of 16,620 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 73,947 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Virtus Stone Harbor Emerging Markets High Yield Bond ETF

A hedge fund recently raised its position in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners boosted its holdings in shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,105 shares of the company’s stock after purchasing an additional 542 shares during the period. Arax Advisory Partners owned about 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 Price Performance

Shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock opened at $28.40 on Thursday. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 12-month low of $27.28 and a 12-month high of $29.11. The company’s fifty day simple moving average is $28.76 and its two-hundred day simple moving average is $28.50.

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.