Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Update

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 114,673 shares, a growth of 101.2% from the February 26th total of 56,998 shares. Based on an average daily volume of 296,215 shares, the short-interest ratio is currently 0.4 days.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.7%

Shares of Virtus Stone Harbor Emerging Markets Income Fund stock traded down $0.04 during trading hours on Thursday, reaching $4.96. 167,809 shares of the stock traded hands, compared to its average volume of 236,404. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.14 and a one year high of $5.34. The company has a 50 day moving average price of $5.05 and a 200 day moving average price 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. Investors of record on Monday, May 11th will be given a dividend of $0.06 per share. This represents a c) annualized dividend and a yield of 14.5%. The ex-dividend date is Monday, May 11th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Absolute Investment Advisers LLC purchased a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter worth $1,771,000. Eclectic Associates Inc. ADV purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth $379,000. Quarry LP bought a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth $336,000. Arlington Capital Management Inc. bought a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 3rd quarter worth $163,000. Finally, J.W. Cole Advisors Inc. lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 5.5% during the third quarter. J.W. Cole Advisors Inc. now owns 395,380 shares of the company’s stock valued at $1,997,000 after purchasing an additional 20,631 shares in the last quarter.

About Virtus Stone Harbor Emerging Markets Income Fund

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.