Short Interest in Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Decreases By 79.1%

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 25,549 shares, a decrease of 79.1% from the March 31st total of 122,377 shares. Based on an average trading volume of 194,997 shares, the short-interest ratio is presently 0.1 days.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of NYSE EDF traded down $0.03 during midday trading on Friday, hitting $5.10. 125,099 shares of the company traded hands, compared to its average volume of 226,679. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.72 and a 12-month high of $5.34. The stock has a 50-day moving average price of $5.07 and a 200 day moving average price of $4.98.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The business also recently declared 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. The ex-dividend date is Monday, May 11th. This represents a c) annualized dividend and a dividend yield of 14.1%.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. J.W. Cole Advisors Inc. increased its position in shares of 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 buying an additional 20,631 shares during the period. Absolute Investment Advisers LLC purchased a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at about $1,771,000. Wedbush Securities Inc. increased its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.8% during the fourth quarter. Wedbush Securities Inc. now owns 230,442 shares of the company’s stock valued at $1,145,000 after buying an additional 8,500 shares during the period. Moors & Cabot Inc. increased its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 9.5% during the third quarter. Moors & Cabot Inc. now owns 117,475 shares of the company’s stock valued at $593,000 after buying an additional 10,150 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.4% during the third quarter. Raymond James Financial Inc. now owns 83,022 shares of the company’s stock valued at $419,000 after buying an additional 2,707 shares during the period.

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.