Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF – Get Free Report) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 360,900 shares, a drop of 6.4% from the May 31st total of 385,400 shares. Based on an average daily volume of 122,500 shares, the days-to-cover ratio is currently 2.9 days.
Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund
Several institutional investors have recently made changes to their positions in the company. Wolverine Asset Management LLC purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $1,284,000. Dynamic Advisor Solutions LLC raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 131,277 shares of the company’s stock valued at $580,000 after buying an additional 4,598 shares during the period. Shaker Financial Services LLC purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $322,000. Arlington Capital Management Inc. raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.6% during the 1st quarter. Arlington Capital Management Inc. now owns 54,295 shares of the company’s stock valued at $294,000 after buying an additional 2,901 shares during the period. Finally, Advisory Services Network LLC raised its position in Virtus Stone Harbor Emerging Markets Income Fund by 118.5% in the fourth quarter. Advisory Services Network LLC now owns 45,645 shares of the company’s stock valued at $197,000 after purchasing an additional 24,757 shares during the period.
Virtus Stone Harbor Emerging Markets Income Fund Stock Up 1.0 %
Shares of EDF stock traded up $0.05 during trading on Tuesday, hitting $5.32. 53,047 shares of the stock traded hands, compared to its average volume of 136,388. The firm’s fifty day moving average price is $5.46 and its 200-day moving average price is $5.01. Virtus Stone Harbor Emerging Markets Income Fund has a 52-week low of $3.51 and a 52-week high of $5.75.
Virtus Stone Harbor Emerging Markets Income Fund Announces Dividend
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.
Further Reading
- Five stocks we like better than Virtus Stone Harbor Emerging Markets Income Fund
- The Role Economic Reports Play in a Successful Investment Strategy
- RXO Shares Surge Following New Acquisition Deal
- How to buy stock: A step-by-step guide for beginners
- 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
- What is the S&P/TSX Index?
- Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex
Receive News & Ratings for Virtus Stone Harbor Emerging Markets Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Stone Harbor Emerging Markets Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.