Barings Participation Investors (NYSE:MPV) Sees Large Drop in Short Interest

Barings Participation Investors (NYSE:MPV) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 9,384 shares, a decrease of 28.4% from the January 15th total of 13,101 shares. Based on an average daily volume of 15,260 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 15,260 shares, the short-interest ratio is currently 0.6 days.

Barings Participation Investors Price Performance

NYSE:MPV opened at $19.22 on Friday. The business has a fifty day simple moving average of $18.62 and a two-hundred day simple moving average of $19.32. Barings Participation Investors has a 1 year low of $15.16 and a 1 year high of $21.00.

Barings Participation Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 30th were issued a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.48 annualized dividend and a yield of 7.7%.

Hedge Funds Weigh In On Barings Participation Investors

Several large investors have recently modified their holdings of MPV. Bank of America Corp DE lifted its holdings in Barings Participation Investors by 1.4% during the 3rd quarter. Bank of America Corp DE now owns 56,424 shares of the financial services provider’s stock worth $1,137,000 after purchasing an additional 800 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Barings Participation Investors by 8.2% during the third quarter. Envestnet Asset Management Inc. now owns 11,192 shares of the financial services provider’s stock valued at $226,000 after buying an additional 852 shares during the period. Oppenheimer & Co. Inc. grew its position in Barings Participation Investors by 5.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 18,800 shares of the financial services provider’s stock worth $299,000 after buying an additional 900 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Barings Participation Investors by 0.9% in the 2nd quarter. Invesco Ltd. now owns 125,390 shares of the financial services provider’s stock valued at $2,522,000 after acquiring an additional 1,092 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its position in shares of Barings Participation Investors by 0.7% during the 4th quarter. Benjamin Edwards Inc. now owns 250,172 shares of the financial services provider’s stock valued at $3,975,000 after acquiring an additional 1,617 shares during the last quarter.

About Barings Participation Investors

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. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S.