Barings Corporate Investors (NYSE:MCI) Short Interest Update

Barings Corporate Investors (NYSE:MCI) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 4,000 shares, a decline of 70.6% from the March 31st total of 13,600 shares. Based on an average daily trading volume, of 37,300 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Barings Corporate Investors

Institutional investors have recently bought and sold shares of the business. BOK Financial Private Wealth Inc. acquired a new position in Barings Corporate Investors during the fourth quarter worth approximately $56,000. PFG Investments LLC bought a new stake in shares of Barings Corporate Investors during the first quarter worth approximately $180,000. Commerce Bank bought a new stake in shares of Barings Corporate Investors during the fourth quarter worth approximately $185,000. Montag A & Associates Inc. boosted its holdings in shares of Barings Corporate Investors by 8.9% during the fourth quarter. Montag A & Associates Inc. now owns 13,268 shares of the financial services provider’s stock worth $249,000 after acquiring an additional 1,087 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Barings Corporate Investors by 14.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 20,687 shares of the financial services provider’s stock worth $330,000 after acquiring an additional 2,569 shares during the period.

Barings Corporate Investors Price Performance

NYSE MCI traded down $0.14 during trading on Thursday, reaching $17.70. 24,347 shares of the company’s stock were exchanged, compared to its average volume of 39,183. The business has a 50 day moving average price of $17.98 and a 200-day moving average price of $17.50. Barings Corporate Investors has a fifty-two week low of $12.96 and a fifty-two week high of $19.24.

Barings Corporate Investors Company Profile

Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations.