Barings Participation Investors (NYSE:MPV) Short Interest Update

Barings Participation Investors (NYSE:MPV - Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 66,800 shares, a growth of 83.0% from the April 30th total of 36,500 shares. Currently, 0.6% of the company's shares are sold short. Based on an average daily volume of 31,200 shares, the short-interest ratio is presently 2.1 days.

Barings Participation Investors Stock Down 0.6%

MPV traded down $0.10 during midday trading on Monday, hitting $17.51. The company's stock had a trading volume of 18,383 shares, compared to its average volume of 33,034. Barings Participation Investors has a 52-week low of $15.15 and a 52-week high of $18.13. The firm has a 50-day moving average price of $17.08 and a two-hundred day moving average price of $16.78.

Barings Participation Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.37 per share. The ex-dividend date is Friday, May 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.45%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MPV. Round Rock Advisors LLC raised its stake in shares of Barings Participation Investors by 159.9% in the 1st quarter. Round Rock Advisors LLC now owns 202,238 shares of the financial services provider's stock valued at $3,565,000 after acquiring an additional 124,414 shares during the period. Invesco Ltd. purchased a new position in Barings Participation Investors in the first quarter valued at about $2,191,000. LPL Financial LLC raised its position in Barings Participation Investors by 330.6% in the first quarter. LPL Financial LLC now owns 147,948 shares of the financial services provider's stock valued at $2,608,000 after purchasing an additional 113,593 shares during the period. Smith Asset Management Co. LLC acquired a new position in shares of Barings Participation Investors during the first quarter worth about $1,336,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Barings Participation Investors in the fourth quarter worth about $648,000.

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.