Barings Participation Investors (NYSE:MPV) Short Interest Down 53.3% in December


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Barings Participation Investors (NYSE:MPV) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 700 shares, a decrease of 53.3% from the December 15th total of 1,500 shares. Based on an average daily volume of 21,800 shares, the short-interest ratio is currently 0.0 days.

Several large investors have recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its position in shares of Barings Participation Investors by 12.9% in the second quarter. Stifel Financial Corp now owns 15,915 shares of the financial services provider’s stock valued at $203,000 after acquiring an additional 1,818 shares during the period. Wedbush Securities Inc. boosted its position in shares of Barings Participation Investors by 7.9% in the third quarter. Wedbush Securities Inc. now owns 24,330 shares of the financial services provider’s stock valued at $264,000 after acquiring an additional 1,790 shares during the period. Advisor Group Holdings Inc. boosted its position in shares of Barings Participation Investors by 34.8% in the second quarter. Advisor Group Holdings Inc. now owns 54,984 shares of the financial services provider’s stock valued at $702,000 after acquiring an additional 14,208 shares during the period. Wells Fargo & Company MN lifted its position in Barings Participation Investors by 3.3% during the third quarter. Wells Fargo & Company MN now owns 134,284 shares of the financial services provider’s stock worth $1,458,000 after purchasing an additional 4,230 shares during the period. Finally, Morgan Stanley lifted its position in Barings Participation Investors by 41.3% during the third quarter. Morgan Stanley now owns 182,597 shares of the financial services provider’s stock worth $1,983,000 after purchasing an additional 53,329 shares during the period. 13.47% of the stock is owned by institutional investors.

Barings Participation Investors stock traded down $0.11 during mid-day trading on Wednesday, reaching $12.14. The company had a trading volume of 33,472 shares, compared to its average volume of 15,196. Barings Participation Investors has a 52 week low of $7.34 and a 52 week high of $17.50. The company has a 50 day moving average of $12.06 and a 200-day moving average of $11.60.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Thursday, December 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 6.59%. The ex-dividend date of this dividend is Wednesday, December 30th.

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.

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