Barings Participation Investors (NYSE:MPV) Short Interest Update

Barings Participation Investors (NYSE:MPV) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,500 shares, a decline of 59.1% from the December 31st total of 20,800 shares. Based on an average trading volume of 24,400 shares, the days-to-cover ratio is presently 0.3 days.

Barings Participation Investors Stock Performance

Shares of MPV traded up $0.08 during midday trading on Tuesday, hitting $16.05. 8,685 shares of the stock traded hands, compared to its average volume of 37,988. Barings Participation Investors has a 1-year low of $15.03 and a 1-year high of $17.99. The business’s 50 day moving average price is $16.85 and its two-hundred day moving average price is $16.63.

Barings Participation Investors Announces Dividend

The company also recently declared a — dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 30th were issued a dividend of $0.10 per share. This represents a dividend yield of 8.6%. The ex-dividend date of this dividend was Monday, December 30th.

Hedge Funds Weigh In On Barings Participation Investors

Hedge funds and other institutional investors have recently modified their holdings of the company. Truist Financial Corp raised its stake in shares of Barings Participation Investors by 11.3% during the second quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider’s stock valued at $1,367,000 after purchasing an additional 8,390 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Barings Participation Investors by 6.1% during the second quarter. Cetera Investment Advisers now owns 91,903 shares of the financial services provider’s stock valued at $1,518,000 after purchasing an additional 5,270 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Barings Participation Investors during the second quarter valued at about $314,000. Schwallier Wealth Management LLC raised its stake in shares of Barings Participation Investors by 2.2% during the third quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider’s stock valued at $712,000 after purchasing an additional 918 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in shares of Barings Participation Investors during the third quarter valued at about $4,651,000.

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.