PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Short Interest Down 91.5% in April

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 3,300 shares, a decrease of 91.5% from the March 31st total of 38,800 shares. Based on an average daily volume of 148,200 shares, the days-to-cover ratio is presently 0.0 days.

PIMCO Dynamic Income Strategy Fund Price Performance

NYSE PDX opened at $21.44 on Monday. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $19.26 and a fifty-two week high of $32.88. The business has a fifty day moving average of $22.98 and a 200-day moving average of $24.85.

PIMCO Dynamic Income Strategy Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be paid a $0.1334 dividend. The ex-dividend date is Friday, April 11th. This represents a $1.60 annualized dividend and a yield of 7.47%.

Insider Activity at PIMCO Dynamic Income Strategy Fund

In other PIMCO Dynamic Income Strategy Fund news, major shareholder Saba Capital Management, L.P. sold 13,837 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $24.98, for a total value of $345,648.26. Following the transaction, the insider now directly owns 7,528,097 shares of the company’s stock, valued at approximately $188,051,863.06. The trade was a 0.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Institutional Trading of PIMCO Dynamic Income Strategy Fund

Hedge funds have recently added to or reduced their stakes in the business. Continuum Advisory LLC acquired a new stake in PIMCO Dynamic Income Strategy Fund in the 4th quarter valued at $26,000. Financial Perspectives Inc purchased a new position in PIMCO Dynamic Income Strategy Fund in the 4th quarter worth approximately $85,000. Catalina Capital Group LLC acquired a new stake in PIMCO Dynamic Income Strategy Fund in the fourth quarter valued at approximately $203,000. Convergence Financial LLC acquired a new position in shares of PIMCO Dynamic Income Strategy Fund during the fourth quarter worth $203,000. Finally, Cynosure Group LLC purchased a new position in shares of PIMCO Dynamic Income Strategy Fund in the fourth quarter valued at $210,000.