Barings Corporate Investors (NYSE:MCI) Stock Short Interest Report for October

Barings Corporate Investors (NYSE:MCI) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 14,026 shares, a decrease of 44.4% from the September 30th total of 25,208 shares. Based on an average daily volume of 31,608 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Barings Corporate Investors

Several large investors have recently bought and sold shares of MCI. Commonwealth Equity Services LLC lifted its position in Barings Corporate Investors by 2.5% during the third quarter. Commonwealth Equity Services LLC now owns 60,407 shares of the financial services provider’s stock valued at $1,067,000 after purchasing an additional 1,499 shares during the last quarter. Secure Asset Management LLC raised its position in shares of Barings Corporate Investors by 4.0% during the 2nd quarter. Secure Asset Management LLC now owns 208,965 shares of the financial services provider’s stock valued at $3,669,000 after buying an additional 8,117 shares in the last quarter. Susquehanna International Group LLP bought a new position in shares of Barings Corporate Investors in the 2nd quarter valued at about $214,000. Benjamin Edwards Inc. lifted its holdings in shares of Barings Corporate Investors by 26.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 42,011 shares of the financial services provider’s stock valued at $738,000 after acquiring an additional 8,816 shares during the last quarter. Finally, Beacon Pointe Advisors LLC purchased a new position in Barings Corporate Investors in the second quarter worth about $1,651,000.

Barings Corporate Investors Stock Performance

NYSE:MCI traded down $0.60 during trading hours on Monday, reaching $17.28. The stock had a trading volume of 31,050 shares, compared to its average volume of 30,042. Barings Corporate Investors has a 52 week low of $16.21 and a 52 week high of $21.50. The company has a 50 day moving average price of $18.40 and a two-hundred day moving average price of $18.34.

Barings Corporate Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date is Monday, November 2nd.

Barings Corporate Investors Company Profile

Barings Corporate Investors (NYSE: MCI) is a closed-end investment company that invests primarily in privately owned, middle-market companies. Its portfolio may include senior and subordinated debt securities, preferred stock and common equity investments.

The company generally seeks to provide investors with current income and long-term capital appreciation through a diversified portfolio of corporate investments. Its investment focus is primarily on companies in the United States across a range of industries.

Barings Corporate Investors is externally managed by Barings LLC, a global investment manager.