Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Stock Short Interest Report for September

by · The Markets Daily

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 136,184 shares, a drop of 43.1% from the September 15th total of 239,491 shares. Based on an average trading volume of 128,619 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Several institutional investors have recently made changes to their positions in the stock. Focus Financial Network Inc. purchased a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 3rd quarter worth approximately $76,000. Baird Financial Group Inc. boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 2.0% during the 2nd quarter. Baird Financial Group Inc. now owns 202,214 shares of the company’s stock valued at $1,128,000 after buying an additional 3,953 shares during the period. HighTower Advisors LLC grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 688.5% during the 2nd quarter. HighTower Advisors LLC now owns 107,652 shares of the company’s stock valued at $601,000 after acquiring an additional 94,000 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 93.9% during the 2nd quarter. Ameritas Advisory Services LLC now owns 21,027 shares of the company’s stock valued at $117,000 after acquiring an additional 10,184 shares in the last quarter. Finally, Wedbush Securities Inc. grew its stake in Virtus Stone Harbor Emerging Markets Income Fund by 8.9% in the second quarter. Wedbush Securities Inc. now owns 222,779 shares of the company’s stock valued at $1,243,000 after purchasing an additional 18,296 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.8%

NYSE:EDF traded down $0.04 on Friday, hitting $4.42. 103,253 shares of the company’s stock traded hands, compared to its average volume of 176,034. Virtus Stone Harbor Emerging Markets Income Fund has a 1 year low of $4.35 and a 1 year high of $5.67. The firm has a 50-day moving average price of $5.10 and a 200-day moving average price of $5.22.

Virtus Stone Harbor Emerging Markets Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 27th. Stockholders of record on Thursday, November 12th will be given a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 16.3%. The ex-dividend date of this dividend is Thursday, November 12th.

About Virtus Stone Harbor Emerging Markets Income Fund

(Get Free Report)

Virtus Stone Harbor Emerging Markets Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol EDF. The fund seeks to provide investors with a high level of current income, with capital appreciation as a secondary objective, by investing primarily in debt securities issued by emerging-market governments, government-related entities and corporations.

The fund’s portfolio may include bonds and other fixed-income instruments denominated in U.S. dollars and local currencies.

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