Barings Participation Investors (NYSE:MPV) Short Interest Update

Barings Participation Investors (NYSE:MPV) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 60,021 shares, a growth of 88.3% from the December 15th total of 31,880 shares. Based on an average trading volume of 50,297 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 50,297 shares, the short-interest ratio is currently 1.2 days.

Barings Participation Investors Price Performance

Shares of NYSE MPV traded up $0.36 during mid-day trading on Thursday, hitting $18.88. The company had a trading volume of 27,309 shares, compared to its average volume of 35,762. Barings Participation Investors has a 1 year low of $15.16 and a 1 year high of $21.00. The stock’s 50-day moving average price is $18.91 and its 200-day moving average price is $19.38.

Barings Participation Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Tuesday, December 30th will be given a dividend of $0.37 per share. The ex-dividend date is Tuesday, December 30th. This represents a $1.48 annualized dividend and a dividend yield of 7.8%.

Hedge Funds Weigh In On Barings Participation Investors

Several hedge funds have recently bought and sold shares of MPV. Ameritas Advisory Services LLC bought a new stake in Barings Participation Investors in the second quarter worth $25,000. ST Germain D J Co. Inc. bought a new stake in shares of Barings Participation Investors in the 2nd quarter valued at about $27,000. Advisory Services Network LLC purchased a new stake in Barings Participation Investors during the 3rd quarter valued at about $63,000. Envestnet Asset Management Inc. bought a new position in Barings Participation Investors during the 2nd quarter worth approximately $208,000. Finally, NewEdge Advisors LLC purchased a new position in Barings Participation Investors in the 2nd quarter worth approximately $297,000.

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.