Barings Global Short Duration High Yield Fund (NYSE:BGH – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 30,500 shares, an increase of 242.7% from the September 30th total of 8,900 shares. Based on an average trading volume of 68,300 shares, the short-interest ratio is currently 0.4 days.
Barings Global Short Duration High Yield Fund Trading Up 0.2 %
Shares of BGH traded up $0.03 during trading hours on Friday, reaching $15.28. 38,793 shares of the company traded hands, compared to its average volume of 63,773. The company’s fifty day moving average price is $15.19 and its two-hundred day moving average price is $14.72. Barings Global Short Duration High Yield Fund has a 12 month low of $11.96 and a 12 month high of $15.51.
Barings Global Short Duration High Yield Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 20th will be issued a dividend of $0.1056 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $1.27 annualized dividend and a dividend yield of 8.29%.
Institutional Inflows and Outflows
About Barings Global Short Duration High Yield Fund
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.
See Also
- Five stocks we like better than Barings Global Short Duration High Yield Fund
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Texas Roadhouse Stock Steering for New Highs This Year
- 3 Healthcare Dividend Stocks to Buy
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Manufacturing Stocks Investing
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
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.