Barings Participation Investors (NYSE:MPV) Sees Significant Decrease in Short Interest

Barings Participation Investors (NYSE:MPV) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 8,900 shares, a decrease of 47.0% from the February 13th total of 16,800 shares. Based on an average daily trading volume, of 36,900 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Barings Participation Investors

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Noble Wealth Management PBC bought a new stake in shares of Barings Participation Investors in the 4th quarter valued at $34,000. Trust Co. of Vermont bought a new stake in Barings Participation Investors during the fourth quarter valued at $61,000. Compass Planning Associates Inc acquired a new stake in Barings Participation Investors during the 4th quarter worth about $108,000. MML Investors Services LLC grew its holdings in Barings Participation Investors by 9.4% during the 3rd quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 1,097 shares during the period. Finally, Jones Financial Companies Lllp raised its position in shares of Barings Participation Investors by 12.9% in the 4th quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider’s stock worth $350,000 after acquiring an additional 2,348 shares in the last quarter.

Barings Participation Investors Price Performance

Shares of MPV traded up $0.04 during mid-day trading on Friday, reaching $15.47. 19,003 shares of the company were exchanged, compared to its average volume of 37,023. The business has a 50 day simple moving average of $16.51 and a two-hundred day simple moving average of $16.71. Barings Participation Investors has a 52 week low of $15.15 and a 52 week high of $17.99.

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.