Short Interest in Barings Participation Investors (NYSE:MPV) Expands By 63.8%

Barings Participation Investors (NYSE:MPV) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 32,600 shares, a growth of 63.8% from the September 30th total of 19,900 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.3% of the shares of the company are sold short.

Barings Participation Investors Stock Up 1.0%

Shares of NYSE:MPV opened at $19.55 on Monday. The company has a 50 day moving average of $19.88 and a 200 day moving average of $18.98. Barings Participation Investors has a 12 month low of $15.16 and a 12 month high of $21.00.

Barings Participation Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Monday, November 3rd will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Monday, November 3rd.

Institutional Trading of Barings Participation Investors

A number of hedge funds have recently made changes to their positions in MPV. Invesco Ltd. increased its stake in shares of Barings Participation Investors by 0.9% in the second 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 Barings Participation Investors in the 2nd quarter worth $25,000. ST Germain D J Co. Inc. purchased a new position in shares of Barings Participation Investors in the second quarter valued at about $27,000. Cetera Investment Advisers raised its stake in shares of Barings Participation Investors by 2.6% during the first quarter. Cetera Investment Advisers now owns 95,705 shares of the financial services provider’s stock valued at $1,687,000 after acquiring an additional 2,413 shares during the last quarter. Finally, Barings LLC raised its stake in shares of Barings Participation Investors by 1.0% during the second quarter. Barings LLC now owns 277,703 shares of the financial services provider’s stock valued at $5,585,000 after acquiring an additional 2,686 shares during 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.