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

by · The Cerbat Gem

Barings Participation Investors (NYSE:MPV – Get Free Report) saw a large growth in short interest during 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. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 50,297 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 50,297 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Trading of Barings Participation Investors

Institutional investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in shares of Barings Participation Investors in the second quarter worth approximately $25,000. ST Germain D J Co. Inc. purchased a new position in Barings Participation Investors in the 2nd quarter worth approximately $27,000. Advisory Services Network LLC bought a new position in Barings Participation Investors in the 3rd quarter valued at approximately $63,000. Envestnet Asset Management Inc. purchased a new stake in Barings Participation Investors during the 2nd quarter valued at $208,000. Finally, NewEdge Advisors LLC purchased a new stake in Barings Participation Investors during the 2nd quarter valued at $297,000.

Barings Participation Investors Stock Up 1.9%

NYSE:MPV traded up $0.36 during trading hours on Friday, reaching $19.36. 32,298 shares of the company traded hands, compared to its average volume of 43,076. The business’s 50-day moving average price is $18.90 and its two-hundred day moving average price is $19.37. 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 business 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 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend was Tuesday, December 30th.

About Barings Participation Investors

(Get Free Report)

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.

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