Barings Participation Investors (NYSE:MPV) Short Interest Up 20.0% in March

Barings Participation Investors (NYSE:MPV) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 15,912 shares, a growth of 20.0% from the February 26th total of 13,260 shares. Based on an average trading volume of 13,733 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the company’s stock are sold short.

Barings Participation Investors Trading Up 1.5%

NYSE MPV opened at $17.40 on Thursday. Barings Participation Investors has a 52 week low of $15.65 and a 52 week high of $21.00. The firm has a 50 day moving average of $18.75 and a two-hundred day moving average of $19.11.

Hedge Funds Weigh In On Barings Participation Investors

Institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC acquired a new stake in Barings Participation Investors in the fourth quarter valued at $30,000. Advisory Services Network LLC acquired a new position in shares of Barings Participation Investors during the 3rd quarter worth about $63,000. Envestnet Asset Management Inc. boosted its position in shares of Barings Participation Investors by 8.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,192 shares of the financial services provider’s stock worth $226,000 after acquiring an additional 852 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of Barings Participation Investors in the 2nd quarter valued at about $297,000. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of Barings Participation Investors by 5.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 18,800 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 900 shares during the last quarter.

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. 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.