Barings Global Short Duration High Yield Fund (NYSE:BGH) Short Interest Update

Barings Global Short Duration High Yield Fund (NYSE:BGH) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 30,500 shares, an increase of 242.7% from the September 30th total of 8,900 shares. Based on an average trading volume of 68,300 shares, the short-interest ratio is presently 0.4 days.

Barings Global Short Duration High Yield Fund Stock Up 0.2 %

Barings Global Short Duration High Yield Fund stock traded up $0.03 during midday trading on Friday, hitting $15.28. 38,818 shares of the company were exchanged, compared to its average volume of 63,773. Barings Global Short Duration High Yield Fund has a fifty-two week low of $11.96 and a fifty-two week high of $15.51. The business has a fifty day simple moving average of $15.19 and a two-hundred day simple moving average of $14.73.

Barings Global Short Duration High Yield Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 20th will be issued a dividend of $0.1056 per share. This represents a $1.27 annualized dividend and a yield of 8.29%. The ex-dividend date of this dividend is Friday, December 20th.

Institutional Trading of Barings Global Short Duration High Yield Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC acquired a new stake in Barings Global Short Duration High Yield Fund during the second quarter worth about $97,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Barings Global Short Duration High Yield Fund in the third quarter valued at approximately $163,000. J.W. Cole Advisors Inc. acquired a new stake in Barings Global Short Duration High Yield Fund in the second quarter valued at approximately $193,000. Integrated Capital Management Inc. grew its holdings in Barings Global Short Duration High Yield Fund by 13.6% in the second quarter. Integrated Capital Management Inc. now owns 13,490 shares of the company’s stock valued at $195,000 after purchasing an additional 1,618 shares during the period. Finally, IFG Advisory LLC acquired a new stake in Barings Global Short Duration High Yield Fund in the second quarter valued at approximately $213,000.

About Barings Global Short Duration High Yield Fund

Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc or below BBB- by Standard & Poor's Rating Services.