Short Interest in Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Declines By 83.0%

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,753 shares, a decrease of 83.0% from the December 31st total of 10,301 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,430 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 9,430 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Trading Up 0.0%

Shares of VEMY stock traded up $0.01 during trading hours on Tuesday, hitting $28.38. 9,315 shares of the company’s stock were exchanged, compared to its average volume of 12,865. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 12-month low of $23.75 and a 12-month high of $28.62. The business’s 50 day simple moving average is $28.19 and its 200-day simple moving average is $27.90.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 27th. Stockholders of record on Tuesday, January 20th will be issued a $0.1246 dividend. The ex-dividend date is Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 5.3%.

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.