Barings Corporate Investors (NYSE:MCI) Short Interest Update

Barings Corporate Investors (NYSE:MCI) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 19,562 shares, a decrease of 28.0% from the December 31st total of 27,161 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 37,099 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 37,099 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Barings Corporate Investors

Institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. bought a new position in Barings Corporate Investors during the 3rd quarter worth approximately $28,000. Ameritas Advisory Services LLC bought a new stake in shares of Barings Corporate Investors in the 2nd quarter valued at $46,000. Advisory Services Network LLC acquired a new stake in shares of Barings Corporate Investors during the third quarter worth $50,000. Whipplewood Advisors LLC raised its stake in Barings Corporate Investors by 773.9% during the second quarter. Whipplewood Advisors LLC now owns 2,613 shares of the financial services provider’s stock worth $57,000 after buying an additional 2,314 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in Barings Corporate Investors during the third quarter worth $259,000.

Barings Corporate Investors Stock Up 0.1%

Shares of NYSE:MCI opened at $20.67 on Friday. Barings Corporate Investors has a 12-month low of $18.00 and a 12-month high of $25.24. The business has a fifty day simple moving average of $19.96 and a 200 day simple moving average of $20.55.

Barings Corporate Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date was Tuesday, December 30th.

About Barings Corporate Investors

Barings Corporate Investors (NYSE: MCI) is a closed-end management investment company that seeks to provide investors with high current income and capital preservation. The fund primarily invests in a diversified portfolio of corporate debt securities and loans, focusing on investment-grade and below investment-grade credit issued by U.S. and international companies.

The fund’s investment strategy centers on identifying opportunities across the corporate credit spectrum, including senior secured loans, high-yield bonds, and other fixed-income instruments.