Barings Participation Investors (NYSE:MPV) Sees Large Increase in Short Interest

Barings Participation Investors (NYSE:MPV) was the target of a significant increase in short interest in 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. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Barings Participation Investors Stock Performance

MPV traded down $0.73 during trading on Tuesday, reaching $16.91. 58,509 shares of the stock traded hands, compared to its average volume of 24,883. The stock’s 50-day moving average is $16.39 and its 200 day moving average is $16.73. Barings Participation Investors has a 12 month low of $15.15 and a 12 month high of $17.99.

Institutional Investors Weigh In On Barings Participation Investors

Several institutional investors and hedge funds have recently made changes to their positions in MPV. Schwallier Wealth Management LLC lifted its stake in Barings Participation Investors by 2.2% in the fourth quarter. Schwallier Wealth Management LLC now owns 42,975 shares of the financial services provider’s stock valued at $734,000 after buying an additional 929 shares during the period. MML Investors Services LLC increased its stake in shares of Barings Participation Investors by 9.4% in the 3rd quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider’s stock valued at $217,000 after acquiring an additional 1,097 shares in the last quarter. Noble Wealth Management PBC bought a new stake in shares of Barings Participation Investors in the 4th quarter valued at $34,000. Jones Financial Companies Lllp lifted its position in shares of Barings Participation Investors by 12.9% during the 4th quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider’s stock valued at $350,000 after acquiring an additional 2,348 shares during the period. Finally, Barings LLC grew its holdings in Barings Participation Investors by 1.1% in the fourth quarter. Barings LLC now owns 271,316 shares of the financial services provider’s stock worth $4,637,000 after purchasing an additional 2,936 shares during the period.

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.