Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Short Interest Up 154.5% in April

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 39,200 shares, an increase of 154.5% from the March 31st total of 15,400 shares. Based on an average daily volume of 33,300 shares, the short-interest ratio is presently 1.2 days.

Pioneer Diversified High Income Fund Stock Performance

HNW traded up $0.05 during midday trading on Monday, hitting $11.72. 6,582 shares of the company traded hands, compared to its average volume of 30,919. The business has a 50 day simple moving average of $11.75 and a two-hundred day simple moving average of $11.68. Pioneer Diversified High Income Fund has a 52-week low of $10.19 and a 52-week high of $12.54.

Pioneer Diversified High Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 17th will be issued a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 10.24%. The ex-dividend date of this dividend is Thursday, April 17th.

Hedge Funds Weigh In On Pioneer Diversified High Income Fund

A number of hedge funds have recently made changes to their positions in the company. Clear Creek Financial Management LLC grew its holdings in Pioneer Diversified High Income Fund by 7.7% in the 1st quarter. Clear Creek Financial Management LLC now owns 24,508 shares of the company’s stock valued at $293,000 after buying an additional 1,750 shares in the last quarter. Cetera Investment Advisers increased its position in Pioneer Diversified High Income Fund by 6.7% during the fourth quarter. Cetera Investment Advisers now owns 50,260 shares of the company’s stock worth $593,000 after purchasing an additional 3,142 shares during the last quarter. NewEdge Advisors LLC increased its position in Pioneer Diversified High Income Fund by 7.9% during the fourth quarter. NewEdge Advisors LLC now owns 46,018 shares of the company’s stock worth $543,000 after purchasing an additional 3,358 shares during the last quarter. Choreo LLC raised its stake in Pioneer Diversified High Income Fund by 27.6% during the fourth quarter. Choreo LLC now owns 25,106 shares of the company’s stock worth $300,000 after purchasing an additional 5,438 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. boosted its holdings in Pioneer Diversified High Income Fund by 7.7% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 109,456 shares of the company’s stock valued at $1,292,000 after purchasing an additional 7,856 shares during the last quarter.

Pioneer Diversified High Income Fund Company Profile

Pioneer Diversified High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets across the globe. The fund seeks to invest in higher yielding asset classes, including high yield bonds, leveraged bank loans, and event-linked bonds .It employs a combination of fundamental and quantitative analysis to create its portfolio.