Short Interest in Barings Participation Investors (NYSE:MPV) Increases By 88.3%

Barings Participation Investors (NYSE:MPV) was the recipient of a large 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 daily volume of 50,297 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.6% of the company’s stock are short sold. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 50,297 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On Barings Participation Investors

Several hedge funds and other institutional investors have recently made changes to their positions in MPV. Bank of America Corp DE lifted its holdings in shares of Barings Participation Investors by 1.4% during the third 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 during the period. Envestnet Asset Management Inc. raised its position in Barings Participation Investors by 8.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,192 shares of the financial services provider’s stock worth $226,000 after purchasing an additional 852 shares during the last quarter. Invesco Ltd. lifted its holdings in Barings Participation Investors by 0.9% during the 2nd quarter. Invesco Ltd. now owns 125,390 shares of the financial services provider’s stock worth $2,522,000 after buying an additional 1,092 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of Barings Participation Investors in the 2nd quarter valued at about $25,000. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of Barings Participation Investors in the second quarter valued at about $27,000.

Barings Participation Investors Stock Up 1.9%

Barings Participation Investors stock traded up $0.36 during trading hours on Friday, hitting $19.36. The company had a trading volume of 32,298 shares, compared to its average volume of 43,076. The firm has a 50-day moving average of $18.90 and a 200 day moving average of $19.37. Barings Participation Investors has a one year low of $15.16 and a one year high of $21.00.

Barings Participation Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 30th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date was Tuesday, December 30th.

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.