Barings Participation Investors (NYSE:MPV) Short Interest Update

Key Points

• Short interest in Barings Participation Investors (NYSE:MPV) fell by 47.9% to 8,294 shares as of March 31, equal to about 0.1% of shares outstanding and a days-to-cover ratio of 0.7.
• Several institutions adjusted stakes—QTR Family Wealth initiated a roughly $524,000 position, Osaic Holdings raised its holding to 202,958 shares, and Commonwealth, Invesco and Bank of America each modestly increased their MPV positions.
• MPV traded at $17.44 on the latest session (volume 13,028 vs. average 11,712), with a 52-week range of $15.65–$21.00 and 50-/200-day moving averages of $18.46 and $18.96, respectively.

Barings Participation Investors (NYSE:MPV - ) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 8,294 shares, a decrease of 47.9% from the March 15th total of 15,912 shares. Based on an average daily trading volume, of 12,277 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Barings Participation Investors

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. QTR Family Wealth LLC bought a new position in Barings Participation Investors in the 3rd quarter worth approximately $524,000. Bank of America Corp DE grew its holdings in Barings Participation Investors by 1.4% in the 3rd quarter. Bank of America Corp DE now owns 56,424 shares of the financial services provider's stock worth $1,137,000 after buying an additional 800 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Barings Participation Investors by 6.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 133,523 shares of the financial services provider's stock worth $2,122,000 after buying an additional 8,007 shares in the last quarter. Invesco Ltd. grew its holdings in Barings Participation Investors by 0.9% in the 2nd quarter. Invesco Ltd. now owns 125,390 shares of the financial services provider's stock worth $2,522,000 after buying an additional 1,092 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in Barings Participation Investors by 5.7% in the fourth quarter. Osaic Holdings Inc. now owns 202,958 shares of the financial services provider's stock worth $3,225,000 after purchasing an additional 10,902 shares during the period.

Barings Participation Investors Stock Performance

MPV stock traded down $0.05 on Monday, reaching $17.44. The company's stock had a trading volume of 13,028 shares, compared to its average volume of 11,712. Barings Participation Investors has a 52 week low of $15.65 and a 52 week high of $21.00. The firm has a fifty day moving average of $18.46 and a two-hundred day moving average of $18.96.

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. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S.

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