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

Barings Corporate Investors (NYSE:MCI) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 25,208 shares, a decline of 55.2% from the September 15th total of 56,321 shares. Based on an average trading volume of 26,522 shares, the short-interest ratio is currently 1.0 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 made changes to their positions in MCI. BOK Financial Private Wealth Inc. bought a new stake in Barings Corporate Investors in the 2nd quarter worth approximately $50,000. Whipplewood Advisors LLC lifted its holdings in shares of Barings Corporate Investors by 40.3% in the 2nd quarter. Whipplewood Advisors LLC now owns 3,690 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 1,060 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Barings Corporate Investors in the 1st quarter valued at about $120,000. Susquehanna International Group LLP purchased a new position in Barings Corporate Investors in the second quarter worth about $214,000. Finally, Perigon Wealth Management LLC purchased a new position in Barings Corporate Investors in the second quarter worth about $217,000.

Barings Corporate Investors Stock Up 0.8%

NYSE MCI traded up $0.14 during trading hours on Thursday, reaching $18.27. The company’s stock had a trading volume of 20,588 shares, compared to its average volume of 37,511. The firm’s 50-day moving average price is $18.33 and its 200-day moving average price is $17.70. Barings Corporate Investors has a 1 year low of $16.21 and a 1 year high of $21.50.

Barings Corporate Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Monday, November 2nd.

Barings Corporate Investors Company Profile

Barings Corporate Investors (NYSE: MCI) is a closed-end investment company that seeks to provide shareholders with current income and long-term capital appreciation. The company invests primarily in privately placed, negotiated investments in middle-market companies, including senior secured loans, subordinated debt and equity securities.

MCI focuses on partnering with established businesses across a range of industries. Its investment portfolio may include both debt and equity positions, allowing the company to participate in the financing and growth of privately held and other middle-market enterprises.