Barings Participation Investors (NYSE:MPV) Short Interest Update

Barings Participation Investors (NYSE:MPV) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 8,500 shares, a drop of 59.1% from the December 31st total of 20,800 shares. Based on an average daily trading volume, of 24,400 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Barings Participation Investors

A number of hedge funds have recently made changes to their positions in the stock. MML Investors Services LLC boosted its holdings 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 during the period. Benjamin Edwards Inc. acquired a new position in Barings Participation Investors in the third quarter worth $4,651,000. Schwallier Wealth Management LLC boosted its holdings in Barings Participation Investors by 2.2% in the third quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider’s stock worth $712,000 after purchasing an additional 918 shares during the period. Trust Co. of Vermont acquired a new position in Barings Participation Investors in the fourth quarter worth $61,000. Finally, Cetera Investment Advisers boosted its holdings in Barings Participation Investors by 6.1% in the second quarter. Cetera Investment Advisers now owns 91,903 shares of the financial services provider’s stock worth $1,518,000 after purchasing an additional 5,270 shares during the period.

Barings Participation Investors Stock Up 0.5 %

Shares of MPV stock traded up $0.08 during mid-day trading on Tuesday, reaching $16.05. 8,685 shares of the company were exchanged, compared to its average volume of 37,988. Barings Participation Investors has a fifty-two week low of $15.03 and a fifty-two week high of $17.99. The business’s 50 day simple moving average is $16.85 and its 200 day simple moving average is $16.63.

Barings Participation Investors Announces Dividend

The business also recently declared a — dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 30th were given a dividend of $0.10 per share. This represents a dividend yield of 8.6%. The ex-dividend date of this dividend was Monday, December 30th.

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.