Short Interest in Barings Corporate Investors (NYSE:MCI) Declines By 33.4%

Posted by Scott Moore on Mar 31st, 2025

Barings Corporate Investors (NYSE:MCI – Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 43,200 shares, a drop of 33.4% from the February 28th total of 64,900 shares. Based on an average daily trading volume, of 49,400 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Barings Corporate Investors Trading Up 3.4 %

Shares of NYSE:MCI traded up $0.77 during mid-day trading on Monday, reaching $23.58. 184,963 shares of the company traded hands, compared to its average volume of 34,582. The company’s 50 day moving average price is $21.21 and its 200-day moving average price is $20.29. Barings Corporate Investors has a 52 week low of $16.91 and a 52 week high of $25.24.

Hedge Funds Weigh In On Barings Corporate Investors

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Barings Corporate Investors during the 4th quarter valued at $1,027,000. Benjamin Edwards Inc. purchased a new stake in Barings Corporate Investors in the 3rd quarter worth $603,000. World Investment Advisors LLC bought a new stake in Barings Corporate Investors during the third quarter valued at about $410,000. Round Rock Advisors LLC purchased a new position in shares of Barings Corporate Investors in the fourth quarter valued at about $384,000. Finally, Bank of America Corp DE boosted its stake in shares of Barings Corporate Investors by 108.3% in the fourth quarter. Bank of America Corp DE now owns 33,917 shares of the financial services provider’s stock worth $691,000 after acquiring an additional 17,637 shares during the period.

Barings Corporate Investors Company Profile

(Get Free Report)

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.