Barings Global Short Duration High Yield Fund (NYSE:BGH) Stock Short Interest Report for October

Barings Global Short Duration High Yield Fund (NYSE:BGH) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 86,960 shares, a growth of 90.1% from the October 15th total of 45,740 shares. Based on an average daily trading volume, of 125,076 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Barings Global Short Duration High Yield Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Barings Global Short Duration High Yield Fund in the second quarter worth about $26,000. Allworth Financial LP acquired a new position in Barings Global Short Duration High Yield Fund during the 2nd quarter valued at about $51,000. Western Wealth Management LLC acquired a new position in Barings Global Short Duration High Yield Fund during the 1st quarter valued at about $87,000. Elevation Point Wealth Partners LLC acquired a new position in Barings Global Short Duration High Yield Fund during the 2nd quarter valued at about $142,000. Finally, Concurrent Investment Advisors LLC acquired a new position in Barings Global Short Duration High Yield Fund during the 2nd quarter valued at about $150,000.

Barings Global Short Duration High Yield Fund Trading Up 0.6%

Shares of BGH stock traded up $0.07 on Friday, reaching $12.54. 88,048 shares of the stock were exchanged, compared to its average volume of 90,142. Barings Global Short Duration High Yield Fund has a one year low of $12.37 and a one year high of $15.35. The stock has a 50 day moving average price of $13.07 and a 200 day moving average price of $13.89.

Barings Global Short Duration High Yield Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 1st. Investors of record on Wednesday, January 20th will be issued a $0.1223 dividend. The ex-dividend date is Wednesday, January 20th. This represents a $1.47 annualized dividend and a yield of 11.7%.

About Barings Global Short Duration High Yield Fund

Barings Global Short Duration High Yield Fund (NYSE: BGH) is a closed-end investment fund managed by Barings LLC. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in short-duration, below-investment-grade debt securities. The fund invests in a diversified portfolio of high-yield corporate bonds, loans and other fixed-income instruments issued by companies and governments in the United States and international markets.