Barings Participation Investors (NYSE:MPV) Sees Significant Growth in Short Interest

Barings Participation Investors (NYSE:MPV) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 19,009 shares, a growth of 102.6% from the January 29th total of 9,384 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 12,221 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 12,221 shares, the short-interest ratio is presently 1.6 days. Approximately 0.2% of the shares of the company are sold short.

Barings Participation Investors Stock Performance

MPV stock traded down $0.14 during trading on Friday, hitting $18.91. The company had a trading volume of 17,887 shares, compared to its average volume of 18,777. The business has a 50 day moving average of $18.57 and a 200 day moving average of $19.32. Barings Participation Investors has a fifty-two week low of $15.16 and a fifty-two week high of $21.00.

Barings Participation Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 30th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Barings Participation Investors

Institutional investors have recently added to or reduced their stakes in the company. QTR Family Wealth LLC acquired a new position in shares of Barings Participation Investors during the 3rd quarter valued at $524,000. Osaic Holdings Inc. boosted its stake in Barings Participation Investors by 8.5% during the second quarter. Osaic Holdings Inc. now owns 195,996 shares of the financial services provider’s stock valued at $3,941,000 after buying an additional 15,329 shares in the last quarter. NewEdge Advisors LLC bought a new position in Barings Participation Investors during the second quarter valued at about $297,000. Envestnet Asset Management Inc. acquired a new position in Barings Participation Investors during the second quarter worth about $208,000. Finally, Commonwealth Equity Services LLC raised its position in Barings Participation Investors by 6.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 133,523 shares of the financial services provider’s stock worth $2,122,000 after acquiring an additional 8,007 shares in the last quarter.

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. 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.