Barings Participation Investors (NYSE:MPV) Short Interest Up 42.7% in March

Barings Participation Investors (NYSE:MPV) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 12,700 shares, an increase of 42.7% from the February 28th total of 8,900 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 38,000 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Barings Participation Investors

Institutional investors have recently modified their holdings of the business. Benjamin Edwards Inc. raised its position in Barings Participation Investors by 2.2% during the 4th quarter. Benjamin Edwards Inc. now owns 280,579 shares of the financial services provider’s stock worth $4,795,000 after purchasing an additional 6,004 shares during the last quarter. Barings LLC raised its position in shares of Barings Participation Investors by 1.1% during the fourth quarter. Barings LLC now owns 271,316 shares of the financial services provider’s stock worth $4,637,000 after acquiring an additional 2,936 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Barings Participation Investors by 5.2% in the fourth quarter. Cetera Investment Advisers now owns 93,292 shares of the financial services provider’s stock worth $1,594,000 after acquiring an additional 4,620 shares during the period. Truist Financial Corp lifted its stake in shares of Barings Participation Investors by 5.1% in the fourth quarter. Truist Financial Corp now owns 89,308 shares of the financial services provider’s stock worth $1,526,000 after acquiring an additional 4,374 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Barings Participation Investors by 5.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 85,789 shares of the financial services provider’s stock valued at $1,466,000 after acquiring an additional 4,374 shares during the last quarter.

Barings Participation Investors Stock Down 4.1 %

NYSE:MPV traded down $0.73 during mid-day trading on Tuesday, hitting $16.91. 58,509 shares of the company’s stock were exchanged, compared to its average volume of 24,883. Barings Participation Investors has a fifty-two week low of $15.15 and a fifty-two week high of $17.99. The company has a 50 day simple moving average of $16.39 and a 200-day simple moving average of $16.73.

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.