Barings Participation Investors (NYSE:MPV) Short Interest Update

Key Points

• Short interest jumped 173.5% in April to 22,688 shares as of April 15, equal to about 0.2% of the stock and a short-interest ratio of 1.8 days based on average daily volume.
• MPV traded up 1.0% to $17.99 on Friday with 13,720 shares changing hands, and a 52-week range of $15.65–$21.00.
• Several institutions added or increased stakes—most notably Envestnet (+8.2%) now owns 11,192 shares and Oppenheimer (+5.0%) owns 18,800 shares—reflecting modest institutional buying activity.

Barings Participation Investors (NYSE:MPV - ) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 22,688 shares, an increase of 173.5% from the March 31st total of 8,294 shares. Approximately 0.2% of the company's stock are short sold. Based on an average daily trading volume, of 12,916 shares, the short-interest ratio is presently 1.8 days.

Barings Participation Investors Stock Up 1.0%

MPV stock traded up $0.17 during trading on Friday, hitting $17.99. 13,720 shares of the company's stock traded hands, compared to its average volume of 14,870. Barings Participation Investors has a 52 week low of $15.65 and a 52 week high of $21.00. The stock has a fifty day moving average price of $18.25 and a two-hundred day moving average price of $18.84.

Institutional Trading of Barings Participation Investors

Institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new stake in Barings Participation Investors during the fourth quarter valued at $30,000. Advisory Services Network LLC bought a new stake in Barings Participation Investors during the third quarter valued at $63,000. Envestnet Asset Management Inc. increased its stake in Barings Participation Investors by 8.2% during the third quarter. Envestnet Asset Management Inc. now owns 11,192 shares of the financial services provider's stock valued at $226,000 after purchasing an additional 852 shares during the last quarter. NewEdge Advisors LLC bought a new stake in Barings Participation Investors during the second quarter valued at $297,000. Finally, Oppenheimer & Co. Inc. increased its stake in Barings Participation Investors by 5.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 18,800 shares of the financial services provider's stock valued at $299,000 after purchasing an additional 900 shares during the last quarter.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.