Barings Global Short Duration High Yield Fund (NYSE:BGH) Short Interest Up 9.2% in May

Barings Global Short Duration High Yield Fund (NYSE:BGHGet Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 18,900 shares, an increase of 9.2% from the May 15th total of 17,300 shares. Based on an average daily trading volume, of 63,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Barings Global Short Duration High Yield Fund

A number of institutional investors have recently bought and sold shares of BGH. Nomura Holdings Inc. bought a new stake in shares of Barings Global Short Duration High Yield Fund during the 4th quarter worth approximately $171,000. RFG Advisory LLC lifted its holdings in shares of Barings Global Short Duration High Yield Fund by 43.9% during the 1st quarter. RFG Advisory LLC now owns 123,438 shares of the company’s stock worth $1,765,000 after acquiring an additional 37,670 shares during the period. Creekmur Asset Management LLC bought a new stake in shares of Barings Global Short Duration High Yield Fund during the 4th quarter worth approximately $64,000. Shaker Financial Services LLC lifted its holdings in shares of Barings Global Short Duration High Yield Fund by 163.8% during the 4th quarter. Shaker Financial Services LLC now owns 94,154 shares of the company’s stock worth $1,275,000 after acquiring an additional 58,465 shares during the period. Finally, PFG Investments LLC bought a new stake in shares of Barings Global Short Duration High Yield Fund during the 1st quarter worth approximately $1,014,000.

Barings Global Short Duration High Yield Fund Stock Down 0.4 %

BGH traded down $0.06 on Monday, reaching $14.40. The company had a trading volume of 41,074 shares, compared to its average volume of 60,882. Barings Global Short Duration High Yield Fund has a fifty-two week low of $11.92 and a fifty-two week high of $14.67. The company’s fifty day moving average is $14.18 and its 200 day moving average is $13.97.

Barings Global Short Duration High Yield Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 22nd will be issued a $0.1056 dividend. This represents a $1.27 dividend on an annualized basis and a yield of 8.80%. The ex-dividend date of this dividend is Thursday, August 22nd.

About Barings Global Short Duration High Yield Fund

(Get Free Report)

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.

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