Barings Participation Investors (NYSE:MPV) Sees Significant Increase in Short Interest

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

Institutional Investors Weigh In On Barings Participation Investors

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Noble Wealth Management PBC bought a new position in shares of Barings Participation Investors during 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 purchased a new position in Barings Participation Investors in the fourth quarter worth about $108,000. Oppenheimer & Co. Inc. purchased a new position in Barings Participation Investors in the first quarter worth about $316,000. Finally, Jones Financial Companies Lllp grew its stake in shares of 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 Stock Performance

Shares of MPV stock traded down $0.01 during trading hours on Friday, reaching $17.10. The company had a trading volume of 1,929 shares, compared to its average volume of 25,310. The business has a fifty day moving average price of $16.40 and a 200-day moving average price of $16.72. Barings Participation Investors has a one year low of $15.15 and a one year high of $17.99.

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.