Barings Global Short Duration High Yield Fund (NYSE:BGH) Short Interest Up 112.1% in August

Barings Global Short Duration High Yield Fund (NYSE:BGHGet Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 66,188 shares, an increase of 112.1% from the July 30th total of 31,211 shares. Based on an average daily volume of 88,005 shares, the days-to-cover ratio is presently 0.8 days.

Barings Global Short Duration High Yield Fund Trading Down 0.1%

BGH opened at $14.14 on Friday. The business’s 50-day moving average is $14.16 and its two-hundred day moving average is $14.12. Barings Global Short Duration High Yield Fund has a 1 year low of $13.19 and a 1 year high of $16.90.

Barings Global Short Duration High Yield Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Wednesday, October 21st will be given a $0.1223 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%.

Institutional Investors Weigh In On Barings Global Short Duration High Yield Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of BGH. Royal Bank of Canada boosted its stake in Barings Global Short Duration High Yield Fund by 12.6% in the first quarter. Royal Bank of Canada now owns 62,354 shares of the company’s stock valued at $943,000 after acquiring an additional 7,000 shares in the last quarter. Invesco Ltd. increased its position in shares of Barings Global Short Duration High Yield Fund by 27.4% during the second quarter. Invesco Ltd. now owns 467,356 shares of the company’s stock worth $7,197,000 after purchasing an additional 100,581 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Barings Global Short Duration High Yield Fund by 9.0% during the 2nd quarter. Raymond James Financial Inc. now owns 258,143 shares of the company’s stock valued at $3,975,000 after purchasing an additional 21,253 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of Barings Global Short Duration High Yield Fund during the 3rd quarter valued at $371,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Barings Global Short Duration High Yield Fund in the 3rd quarter worth $156,000.

About Barings Global Short Duration High Yield Fund

(Get Free Report)

The Barings Global Short Duration High Yield Fund (NYSE: BGH) is a closed-end management investment company that seeks to deliver high current income with a secondary objective of capital appreciation. The fund invests primarily in a diversified portfolio of high-yield corporate debt instruments, combining both developed-market and emerging-market exposure. By focusing on short-duration securities, BGH aims to mitigate interest-rate risk while capturing the income potential of non-investment-grade credits.

BGH’s investment strategy centers on rigorous credit research and active portfolio management.

See Also

Receive News & Ratings for Barings Global Short Duration High Yield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Global Short Duration High Yield Fund and related companies with MarketBeat.com's FREE daily email newsletter.