Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Sees Significant Decrease in Short Interest

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 8,935 shares, a decline of 71.4% from the July 15th total of 31,258 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 30,374 shares, the short-interest ratio is currently 0.3 days.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Stock Performance

Shares of VEMY stock opened at $28.63 on Thursday. The firm has a fifty day moving average price of $28.75 and a 200 day moving average price of $28.53. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 12 month low of $27.34 and a 12 month high of $29.11.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners increased its holdings in shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,105 shares of the company’s stock after purchasing an additional 542 shares during the quarter. Arax Advisory Partners owned approximately 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 at the end of the most recent quarter.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Company Profile

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.