Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Short Interest Down 5.8% in August

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 125,100 shares, a decline of 5.8% from the August 15th total of 132,800 shares. Based on an average trading volume of 80,200 shares, the short-interest ratio is currently 1.6 days.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.4 %

NYSE EDF opened at $5.20 on Thursday. The company’s 50 day simple moving average is $5.24 and its two-hundred day simple moving average is $5.31. Virtus Stone Harbor Emerging Markets Income Fund has a 1 year low of $3.51 and a 1 year high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be issued a $0.06 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $0.72 annualized dividend and a dividend yield of 13.86%.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

Large investors have recently added to or reduced their stakes in the business. M3 Advisory Group LLC purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at about $61,000. J.W. Cole Advisors Inc. raised its stake in Virtus Stone Harbor Emerging Markets Income Fund by 77.8% in the first quarter. J.W. Cole Advisors Inc. now owns 21,665 shares of the company’s stock valued at $117,000 after purchasing an additional 9,483 shares in the last quarter. Centaurus Financial Inc. bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the fourth quarter valued at approximately $125,000. Nomura Holdings Inc. purchased a new position in Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter worth approximately $167,000. Finally, Advisory Services Network LLC increased its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 118.5% in the 4th quarter. Advisory Services Network LLC now owns 45,645 shares of the company’s stock worth $197,000 after buying an additional 24,757 shares during the last quarter.

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.