Barings Global Short Duration High Yield Fund (NYSE:BGH) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Barings Global Short Duration High Yield Fund (NYSE:BGHGet Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.12 and traded as high as $15.17. Barings Global Short Duration High Yield Fund shares last traded at $15.01, with a volume of 94,633 shares trading hands.

Barings Global Short Duration High Yield Fund Price Performance

The firm’s 50 day moving average price is $15.12 and its 200-day moving average price is $15.55.

Barings Global Short Duration High Yield Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be paid a $0.1223 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a c) dividend on an annualized basis and a yield of 9.7%.

Institutional Trading of Barings Global Short Duration High Yield Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP bought a new position in shares of Barings Global Short Duration High Yield Fund in the 2nd quarter worth $94,000. Elevation Point Wealth Partners LLC bought a new stake in Barings Global Short Duration High Yield Fund in the third quarter valued at about $156,000. Jefferies Financial Group Inc. bought a new stake in Barings Global Short Duration High Yield Fund in the second quarter valued at about $165,000. Oppenheimer & Co. Inc. acquired a new position in Barings Global Short Duration High Yield Fund in the third quarter valued at about $178,000. Finally, Susquehanna International Group LLP bought a new position in Barings Global Short Duration High Yield Fund during the third quarter worth about $224,000.

Barings Global Short Duration High Yield Fund Company Profile

(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.

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