Short Interest in Barings Participation Investors (NYSE:MPV) Decreases By 42.0%

Key Points

• Short interest in Barings Participation Investors decreased by 42.0% in September, dropping to 14,800 shares from 25,500 shares at the end of August.
• The company recently announced a quarterly dividend of $0.37 per share, yielding 7.3% annually, with the payment made on September 12th.
• Several large institutional investors have acquired new stakes in Barings Participation Investors during the second quarter, with investments ranging from $25,000 to $316,000.

Barings Participation Investors (NYSE:MPV - ) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 14,800 shares, a decline of 42.0% from the August 31st total of 25,500 shares. Based on an average daily volume of 18,000 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 18,000 shares, the short-interest ratio is currently 0.8 days.

Barings Participation Investors Price Performance

MPV opened at $20.18 on Friday. Barings Participation Investors has a 12-month low of $15.16 and a 12-month high of $21.00. The business's fifty day simple moving average is $19.61 and its 200-day simple moving average is $18.49.

Barings Participation Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.48 dividend on an annualized basis and a yield of 7.3%.

Institutional Investors Weigh In On Barings Participation Investors

Large investors have recently modified their holdings of the business. Ameritas Advisory Services LLC purchased a new stake in shares of Barings Participation Investors in the 2nd quarter worth approximately $25,000. ST Germain D J Co. Inc. purchased a new stake in Barings Participation Investors during the second quarter worth $27,000. Envestnet Asset Management Inc. purchased a new position in shares of Barings Participation Investors in the 2nd quarter valued at $208,000. NewEdge Advisors LLC bought a new position in shares of Barings Participation Investors in the 2nd quarter worth $297,000. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Barings Participation Investors in the 1st quarter worth $316,000.

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.

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