Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Short Interest Up 370.6% in May

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 19,411 shares, a growth of 370.6% from the May 14th total of 4,125 shares. Based on an average trading volume of 10,253 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.6% of the shares of the company are short sold.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Down 0.3%

Shares of VEMY stock opened at $28.63 on Thursday. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 1 year low of $26.49 and a 1 year high of $29.00. The firm’s fifty day simple moving average is $28.52 and its 200 day simple moving average is $28.35.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets High Yield Bond ETF

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

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.