Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) Short Interest Up 22.1% in December

Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSEARCA:VEMY) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 10,301 shares, a growth of 22.1% from the December 15th total of 8,437 shares. Based on an average daily volume of 3,239 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.7% of the shares of the stock are sold short. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily volume of 3,239 shares, the days-to-cover ratio is presently 3.2 days.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Price Performance

Shares of NYSEARCA VEMY opened at $27.91 on Wednesday. Virtus Stone Harbor Emerging Markets High Yield Bond ETF has a 1-year low of $23.75 and a 1-year high of $28.62. The stock’s 50-day moving average is $28.18 and its 200 day moving average is $27.85.

Virtus Stone Harbor Emerging Markets High Yield Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, January 27th. Stockholders of record on Tuesday, January 20th will be paid a $0.1246 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

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.