Barings Participation Investors (NYSE:MPV) Short Interest Up 28.3% in March

Barings Participation Investors (NYSE:MPV) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 16,300 shares, a growth of 28.3% from the March 15th total of 12,700 shares. Based on an average daily volume of 39,500 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Barings Participation Investors Stock Down 1.9 %

Barings Participation Investors stock traded down $0.33 on Monday, reaching $17.19. 11,269 shares of the stock were exchanged, compared to its average volume of 25,595. The firm has a fifty day moving average price of $16.41 and a two-hundred day moving average price of $16.71. Barings Participation Investors has a twelve month low of $15.15 and a twelve month high of $17.99.

Hedge Funds Weigh In On Barings Participation Investors

Several institutional investors and hedge funds have recently added to or reduced their stakes in MPV. Benjamin Edwards Inc. boosted its stake in Barings Participation Investors by 2.2% in the 4th quarter. Benjamin Edwards Inc. now owns 280,579 shares of the financial services provider’s stock valued at $4,795,000 after buying an additional 6,004 shares in the last quarter. Barings LLC lifted its holdings in Barings Participation Investors by 1.1% during the 4th quarter. Barings LLC now owns 271,316 shares of the financial services provider’s stock valued at $4,637,000 after purchasing an additional 2,936 shares during the last quarter. Cetera Investment Advisers boosted its position in 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 valued at $1,594,000 after buying an additional 4,620 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of Barings Participation Investors by 5.1% in the 4th 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 in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Barings Participation Investors by 5.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 85,789 shares of the financial services provider’s stock valued at $1,466,000 after purchasing an additional 4,374 shares in the last quarter.

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.