Barings Global Short Duration High Yield Fund (NYSE:BGH) Short Interest Up 26.2% in January

Barings Global Short Duration High Yield Fund (NYSE:BGHGet Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 21,943 shares, an increase of 26.2% from the January 15th total of 17,387 shares. Based on an average trading volume of 69,951 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 69,951 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Barings Global Short Duration High Yield Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its position in shares of Barings Global Short Duration High Yield Fund by 12.6% during the first quarter. Royal Bank of Canada now owns 62,354 shares of the company’s stock worth $943,000 after acquiring an additional 7,000 shares during the last quarter. Shaker Financial Services LLC grew its position in Barings Global Short Duration High Yield Fund by 77.3% in the 2nd quarter. Shaker Financial Services LLC now owns 174,609 shares of the company’s stock worth $2,710,000 after purchasing an additional 76,121 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Barings Global Short Duration High Yield Fund in the second quarter valued at approximately $94,000. Jefferies Financial Group Inc. bought a new stake in shares of Barings Global Short Duration High Yield Fund during the second quarter valued at approximately $165,000. Finally, Invesco Ltd. boosted 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 buying an additional 100,581 shares during the period.

Barings Global Short Duration High Yield Fund Stock Up 0.3%

Shares of NYSE:BGH traded up $0.04 during trading on Monday, hitting $14.93. 56,483 shares of the company traded hands, compared to its average volume of 70,613. The business’s fifty day moving average is $15.10 and its 200-day moving average is $15.45. Barings Global Short Duration High Yield Fund has a one year low of $12.52 and a one year high of $16.90.

Barings Global Short Duration High Yield Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st will be given a $0.1223 dividend. The ex-dividend date of this dividend is Tuesday, April 21st. This represents a c) annualized dividend and a yield of 9.8%.

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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