Barings Participation Investors (NYSE:MPV) Sees Large Increase in Short Interest

Barings Participation Investors (NYSE:MPV) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 19,009 shares, an increase of 102.6% from the January 29th total of 9,384 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 12,221 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 12,221 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of Barings Participation Investors

Several hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its position in Barings Participation Investors by 6.8% during the 4th quarter. NewEdge Advisors LLC now owns 21,142 shares of the financial services provider’s stock valued at $336,000 after purchasing an additional 1,355 shares during the period. Cetera Investment Advisers lifted its stake in Barings Participation Investors by 8.5% in the fourth quarter. Cetera Investment Advisers now owns 101,149 shares of the financial services provider’s stock valued at $1,607,000 after buying an additional 7,910 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Barings Participation Investors by 5.7% in the fourth quarter. Osaic Holdings Inc. now owns 202,958 shares of the financial services provider’s stock valued at $3,225,000 after buying an additional 10,902 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Barings Participation Investors during the fourth quarter valued at $30,000. Finally, Jane Street Group LLC grew its position in shares of Barings Participation Investors by 59.5% during the fourth quarter. Jane Street Group LLC now owns 19,597 shares of the financial services provider’s stock worth $311,000 after acquiring an additional 7,311 shares during the last quarter.

Barings Participation Investors Trading Down 0.7%

Shares of Barings Participation Investors stock traded down $0.14 during trading hours on Friday, reaching $18.91. The company’s stock had a trading volume of 17,887 shares, compared to its average volume of 18,777. The company’s 50 day simple moving average is $18.57 and its 200 day simple moving average is $19.32. 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 announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 30th were issued a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.48 dividend on an annualized basis and a yield of 7.8%.

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.