Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Down 37.2% in August

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 253,386 shares, a drop of 37.2% from the July 30th total of 403,420 shares. Based on an average daily trading volume, of 634,841 shares, the days-to-cover ratio is presently 0.4 days.

Pimco Dynamic Income Opportunities Fund Trading Up 0.8%

Pimco Dynamic Income Opportunities Fund stock traded up $0.10 during mid-day trading on Wednesday, hitting $12.47. The company had a trading volume of 554,224 shares, compared to its average volume of 698,207. Pimco Dynamic Income Opportunities Fund has a 12-month low of $12.36 and a 12-month high of $14.25. The company’s fifty day moving average is $12.97 and its 200-day moving average is $13.14.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be given a dividend of $0.1279 per share. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date is Friday, September 11th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is -7,650.00%.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

Institutional investors have recently made changes to their positions in the company. Morgan Stanley increased its stake in shares of Pimco Dynamic Income Opportunities Fund by 14.9% in the 4th quarter. Morgan Stanley now owns 5,397,465 shares of the company’s stock worth $74,701,000 after acquiring an additional 698,797 shares during the last quarter. UBS Group AG grew its holdings in shares of Pimco Dynamic Income Opportunities Fund by 4.9% in the fourth quarter. UBS Group AG now owns 3,521,827 shares of the company’s stock valued at $48,742,000 after purchasing an additional 164,530 shares during the period. Royal Bank of Canada increased its position in Pimco Dynamic Income Opportunities Fund by 7.0% during the first quarter. Royal Bank of Canada now owns 2,347,194 shares of the company’s stock worth $30,348,000 after purchasing an additional 152,711 shares during the last quarter. Invesco Ltd. increased its position in Pimco Dynamic Income Opportunities Fund by 3.5% during the third quarter. Invesco Ltd. now owns 964,934 shares of the company’s stock worth $13,625,000 after purchasing an additional 32,832 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in Pimco Dynamic Income Opportunities Fund by 5.1% during the first quarter. Bank of America Corp DE now owns 840,793 shares of the company’s stock worth $10,871,000 after purchasing an additional 40,810 shares during the period. 9.43% of the stock is owned by institutional investors and hedge funds.

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.