Barings Participation Investors (NYSE:MPV) Short Interest Down 22.8% in December

Barings Participation Investors (NYSE:MPV) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 31,880 shares, a decline of 22.8% from the November 30th total of 41,321 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 10,763 shares, the days-to-cover ratio is presently 3.0 days. Based on an average daily volume of 10,763 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Barings LLC increased its stake in Barings Participation Investors by 1.0% in the 2nd quarter. Barings LLC now owns 277,703 shares of the financial services provider’s stock valued at $5,585,000 after buying an additional 2,686 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of Barings Participation Investors during the 2nd quarter valued at about $208,000. Smith Asset Management Co. LLC acquired a new stake in shares of Barings Participation Investors during the 1st quarter valued at about $1,336,000. ST Germain D J Co. Inc. bought a new stake in shares of Barings Participation Investors in the 2nd quarter valued at approximately $27,000. Finally, Ameritas Advisory Services LLC acquired a new position in Barings Participation Investors in the second quarter worth approximately $25,000.

Barings Participation Investors Trading Down 4.8%

Barings Participation Investors stock traded down $0.83 during midday trading on Tuesday, reaching $16.33. 64,892 shares of the company were exchanged, compared to its average volume of 17,003. The firm’s 50-day simple moving average is $19.36 and its 200-day simple moving average is $19.52. 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 firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Tuesday, December 30th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Tuesday, 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. 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.