Barings Participation Investors (NYSE:MPV) Sees Large Growth in Short Interest

Barings Participation Investors (NYSE:MPV - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 39,300 shares, an increase of 141.1% from the March 31st total of 16,300 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 35,500 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of Barings Participation Investors

A number of hedge funds and other institutional investors have recently modified their holdings of MPV. Noble Wealth Management PBC acquired a new stake in shares of Barings Participation Investors in the 4th quarter valued at $34,000. Trust Co. of Vermont bought a new position in Barings Participation Investors in the fourth quarter valued at about $61,000. Compass Planning Associates Inc acquired a new stake in Barings Participation Investors in the fourth quarter worth about $108,000. Oppenheimer & Co. Inc. bought a new stake in Barings Participation Investors during the 1st quarter worth about $316,000. Finally, Jones Financial Companies Lllp lifted its position in Barings Participation Investors by 12.9% during the 4th quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider's stock valued at $350,000 after purchasing an additional 2,348 shares during the period.

Barings Participation Investors Trading Down 0.1 %

MPV traded down $0.01 during midday trading on Friday, hitting $17.10. The company had a trading volume of 6,345 shares, compared to its average volume of 25,387. Barings Participation Investors has a twelve month low of $15.15 and a twelve month high of $17.99. The firm's 50-day simple moving average is $16.41 and its 200-day simple moving average is $16.72.

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.