Barings Corporate Investors (MCI) Given Daily Coverage Optimism Score of -0.06

News headlines about Barings Corporate Investors (NYSE:MCI) have been trending somewhat negative recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Barings Corporate Investors earned a media sentiment score of -0.06 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 49.3120329818494 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Barings Corporate Investors (NYSE:MCI) opened at 16.0637 on Friday. Barings Corporate Investors has a one year low of $14.52 and a one year high of $18.04. The stock’s 50 day moving average price is $15.88 and its 200 day moving average price is $15.47.

In other Barings Corporate Investors news, insider Edward P. Grace III bought 1,900 shares of the business’s stock in a transaction that occurred on Monday, July 24th. The stock was purchased at an average price of $15.42 per share, for a total transaction of $29,298.00. Following the completion of the transaction, the insider now owns 10,000 shares of the company’s stock, valued at approximately $154,200. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Eugene Joyal sold 10,000 shares of the stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $15.62, for a total value of $156,200.00. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

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Barings Corporate Investors Company Profile

Barings Corporate Investors (the Trust), formerly Babson Capital Corporate Investors, is a closed-end management investment company. The Trust’s investment objective is to maintain a portfolio of securities providing a fixed yield and at the same time offering an opportunity for capital gains. The Trust’s principal investments are privately placed, below-investment grade, long-term debt obligations.

Insider Buying and Selling by Quarter for Barings Corporate Investors (NYSE:MCI)

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