Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Up 77.6% in January

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 70,500 shares, a growth of 77.6% from the January 15th total of 39,700 shares. Based on an average daily volume of 135,100 shares, the days-to-cover ratio is currently 0.5 days.

Virtus Stone Harbor Emerging Markets Income Fund Stock Up 0.3 %

EDF traded up $0.02 on Friday, hitting $5.08. 119,073 shares of the company’s stock traded hands, compared to its average volume of 128,632. The company’s 50 day simple moving average is $4.97 and its 200-day simple moving average is $5.08. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.42 and a one year high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, March 13th will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 14.19%. The ex-dividend date is Thursday, March 13th.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth approximately $86,000. Raymond James Financial Inc. bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth approximately $331,000. Arlington Capital Management Inc. bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth approximately $143,000. Creative Financial Designs Inc. ADV increased its stake in Virtus Stone Harbor Emerging Markets Income Fund by 41.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 17,314 shares of the company’s stock worth $81,000 after acquiring an additional 5,085 shares during the last quarter. Finally, Naviter Wealth LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth approximately $87,000.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.