Pimco Dynamic Income Opportunities Fund (NYSE:PDO – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 99,571 shares, a decline of 64.0% from the April 30th total of 276,281 shares. Based on an average daily volume of 849,344 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Assetmark Inc. purchased a new position in Pimco Dynamic Income Opportunities Fund in the third quarter valued at about $27,000. Geneos Wealth Management Inc. lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 104.2% in the first quarter. Geneos Wealth Management Inc. now owns 2,940 shares of the company’s stock worth $41,000 after buying an additional 1,500 shares during the last quarter. Aspect Partners LLC acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund in the third quarter worth about $42,000. Allworth Financial LP lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 217.0% in the third quarter. Allworth Financial LP now owns 3,233 shares of the company’s stock worth $46,000 after buying an additional 2,213 shares during the last quarter. Finally, Activest Wealth Management lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 32,866.7% in the fourth quarter. Activest Wealth Management now owns 4,945 shares of the company’s stock worth $68,000 after buying an additional 4,930 shares during the last quarter. Hedge funds and other institutional investors own 9.43% of the company’s stock.
Pimco Dynamic Income Opportunities Fund Stock Performance
NYSE PDO traded up $0.15 on Friday, reaching $13.15. The stock had a trading volume of 493,575 shares, compared to its average volume of 733,045. The business has a 50 day moving average price of $13.06 and a 200 day moving average price of $13.59. Pimco Dynamic Income Opportunities Fund has a 1 year low of $12.37 and a 1 year high of $14.25.
Pimco Dynamic Income Opportunities Fund Dividend Announcement
PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) is an actively managed closed-end fund sponsored by Pacific Investment Management Company LLC (“PIMCO”), a global investment manager specializing in fixed income. PDO seeks to provide investors with a high level of current income, with a secondary objective of capital appreciation. The fund trades on the New York Stock Exchange and follows a dynamic, multi-sector approach to income generation.
The fund’s portfolio is diversified across a broad range of fixed-income asset classes.
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