Barings Participation Investors (NYSE:MPV) Short Interest Up 77.2% in August

Barings Participation Investors (NYSE:MPV) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 25,192 shares, a growth of 77.2% from the July 30th total of 14,219 shares. Based on an average daily trading volume, of 33,867 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in shares of Barings Participation Investors during the 4th quarter valued at about $30,000. Advisory Services Network LLC bought a new position in Barings Participation Investors in the third quarter worth about $63,000. Envestnet Asset Management Inc. boosted its stake in Barings Participation Investors by 8.2% in the third quarter. Envestnet Asset Management Inc. now owns 11,192 shares of the financial services provider’s stock valued at $226,000 after acquiring an additional 852 shares during the period. NewEdge Advisors LLC acquired a new position in Barings Participation Investors in the second quarter valued at approximately $297,000. Finally, Oppenheimer & Co. Inc. boosted its stake in Barings Participation Investors by 5.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 18,800 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 900 shares during the period.

Barings Participation Investors Stock Up 1.0%

NYSE:MPV opened at $16.49 on Monday. The business’s 50 day moving average is $16.25 and its two-hundred day moving average is $17.25. Barings Participation Investors has a 52 week low of $15.05 and a 52 week high of $20.58.

Barings Participation Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, August 28th.

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. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S.