Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Short Interest Up 41.3% in February

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,759 shares, a growth of 41.3% from the January 29th total of 9,030 shares. Based on an average trading volume of 10,021 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.1% of the shares of the company are short sold. Currently, 2.1% of the shares of the company are short sold. Based on an average trading volume of 10,021 shares, the days-to-cover ratio is currently 1.3 days.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Price Performance

NYSEARCA:VEMY opened at $28.40 on Wednesday. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 12-month low of $23.75 and a 12-month high of $28.90. The stock’s 50 day simple moving average is $28.33 and its 200-day simple moving average is $28.10.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.1281 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Friday, February 20th. This is an increase from Virtus Stone Harbor Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.12.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets High Yield Bond ETF

An institutional investor recently raised its position in Virtus Stone Harbor Emerging Markets High Yield Bond ETF stock. Arax Advisory Partners lifted its holdings in shares of Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) by 96.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,105 shares of the company’s stock after buying an additional 542 shares during the period. Arax Advisory Partners owned about 0.18% of Virtus Stone Harbor Emerging Markets High Yield Bond ETF worth $31,000 at the end of the most recent reporting period.

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.