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

Barings Participation Investors (NYSE:MPV) was the recipient of a large increase in short interest in 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. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Barings Participation Investors

Several hedge funds and other institutional investors have recently made changes to their positions in MPV. Benjamin Edwards Inc. bought a new position in shares of Barings Participation Investors during the third quarter valued at $4,651,000. MML Investors Services LLC increased its holdings 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 worth $217,000 after purchasing an additional 1,097 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of Barings Participation Investors in the fourth quarter worth $61,000. Round Rock Advisors LLC bought a new position in shares of Barings Participation Investors during the fourth quarter valued at $1,330,000. Finally, Truist Financial Corp boosted its position in shares of Barings Participation Investors by 5.1% during the fourth quarter. Truist Financial Corp now owns 89,308 shares of the financial services provider’s stock valued at $1,526,000 after buying an additional 4,374 shares during the last quarter.

Barings Participation Investors Trading Up 2.0 %

NYSE:MPV traded up $0.35 during mid-day trading on Monday, hitting $17.70. 236,098 shares of the company’s stock were exchanged, compared to its average volume of 24,725. Barings Participation Investors has a one year low of $15.15 and a one year high of $17.99. The business has a fifty day moving average price of $16.38 and a 200 day moving average price of $16.72.

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.