Short Interest in Barings Participation Investors (NYSE:MPV) Drops By 59.1%

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

Barings Participation Investors Price Performance

Shares of NYSE MPV traded up $0.06 during mid-day trading on Friday, hitting $16.28. 13,420 shares of the company were exchanged, compared to its average volume of 35,992. Barings Participation Investors has a 1-year low of $15.03 and a 1-year high of $17.99. The stock has a 50 day simple moving average of $16.84 and a 200-day simple moving average of $16.62.

Barings Participation Investors Dividend Announcement

The company also recently declared a -- dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 30th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a yield of 8.6%.

Institutional Investors Weigh In On Barings Participation Investors

A number of institutional investors have recently added to or reduced their stakes in the business. Truist Financial Corp lifted 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 valued at $1,526,000 after buying an additional 4,374 shares during the period. Round Rock Advisors LLC acquired a new stake in Barings Participation Investors in the fourth quarter valued at $1,330,000. Trust Co. of Vermont purchased a new stake in shares of Barings Participation Investors during the 4th quarter worth $61,000. MML Investors Services LLC grew 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 period. Finally, Benjamin Edwards Inc. purchased a new position in shares of Barings Participation Investors in the 3rd quarter valued at about $4,651,000.

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.