Barings Participation Investors (NYSE:MPV) Short Interest Update

Barings Participation Investors (NYSE:MPV) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 16,800 shares, a growth of 265.2% from the January 31st total of 4,600 shares. Based on an average daily trading volume, of 35,200 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Schwallier Wealth Management LLC lifted its holdings in shares of Barings Participation Investors by 2.2% during the 3rd quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider’s stock valued at $712,000 after buying an additional 918 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in Barings Participation Investors in the third quarter valued at $4,651,000. MML Investors Services LLC boosted its stake in Barings Participation Investors by 9.4% in the third quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider’s stock worth $217,000 after purchasing an additional 1,097 shares in the last quarter. Trust Co. of Vermont acquired a new position in Barings Participation Investors in the fourth quarter worth $61,000. Finally, Round Rock Advisors LLC acquired a new position in shares of Barings Participation Investors during the fourth quarter valued at $1,330,000.

Barings Participation Investors Price Performance

Shares of NYSE MPV traded up $0.07 during midday trading on Friday, reaching $16.15. 15,133 shares of the company traded hands, compared to its average volume of 37,752. Barings Participation Investors has a 52 week low of $15.15 and a 52 week high of $17.99. The stock has a 50-day moving average price of $16.83 and a 200 day moving average price of $16.73.

Barings Participation Investors Dividend Announcement

The company also recently announced a — dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 30th were issued a dividend of $0.10 per share. This represents a yield of 8.6%. The ex-dividend date was Monday, December 30th.

Barings Participation Investors Company Profile

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.