Barings Participation Investors (NYSE:MPV) Short Interest Down 59.1% in December

Barings Participation Investors (NYSE:MPV - Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 8,500 shares, a drop of 59.1% from the December 15th total of 20,800 shares. Based on an average trading volume of 24,400 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Barings Participation Investors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MML Investors Services LLC increased its stake in shares of Barings Participation Investors by 9.4% during 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 during the last quarter. Sanctuary Advisors LLC bought a new stake in Barings Participation Investors in the second quarter worth $314,000. Schwallier Wealth Management LLC increased its position in Barings Participation Investors by 2.2% during the third quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider's stock worth $712,000 after buying an additional 918 shares during the last quarter. Truist Financial Corp raised its holdings in Barings Participation Investors by 11.3% during the second quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider's stock valued at $1,367,000 after buying an additional 8,390 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Barings Participation Investors by 6.1% in the second quarter. Cetera Investment Advisers now owns 91,903 shares of the financial services provider's stock worth $1,518,000 after buying an additional 5,270 shares during the last quarter.

Barings Participation Investors Trading Up 0.8 %

NYSE:MPV traded up $0.14 on Monday, hitting $16.75. 28,573 shares of the company's stock traded hands, compared to its average volume of 26,210. Barings Participation Investors has a 1 year low of $15.03 and a 1 year high of $17.99. The firm has a 50-day moving average price of $16.85 and a 200-day moving average price of $16.62.

Barings Participation Investors Dividend Announcement

The business also recently disclosed a -- dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 30th will be given a dividend of $0.10 per share. This represents a yield of 8.6%. The ex-dividend date of this dividend is Monday, December 30th.

About Barings Participation Investors

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.