Barings Global Short Duration High Yield Fund (NYSE:BGH – Get Free Report) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 36,600 shares, a decrease of 28.0% from the February 13th total of 50,800 shares. Based on an average trading volume of 63,400 shares, the short-interest ratio is currently 0.6 days.
Barings Global Short Duration High Yield Fund Stock Performance
NYSE:BGH traded up $0.10 during mid-day trading on Monday, reaching $15.30. The stock had a trading volume of 109,121 shares, compared to its average volume of 68,237. Barings Global Short Duration High Yield Fund has a 12 month low of $13.71 and a 12 month high of $16.34. The stock has a 50-day simple moving average of $15.77 and a two-hundred day simple moving average of $15.55.
Barings Global Short Duration High Yield Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Tuesday, May 20th will be paid a $0.1223 dividend. The ex-dividend date is Tuesday, May 20th. This represents a $1.47 annualized dividend and a dividend yield of 9.59%.
Institutional Trading of Barings Global Short Duration High Yield Fund
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.
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