Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Sees Large Increase in Short Interest

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 447,708 shares, an increase of 261.5% from the August 31st total of 123,844 shares. Based on an average daily volume of 1,210,807 shares, the short-interest ratio is presently 0.4 days.

Pimco Dynamic Income Opportunities Fund Price Performance

NYSE PDO traded up $0.07 during trading hours on Friday, hitting $11.73. 1,054,436 shares of the company were exchanged, compared to its average volume of 754,893. The company has a 50 day moving average of $12.62 and a two-hundred day moving average of $12.92. Pimco Dynamic Income Opportunities Fund has a 52-week low of $11.55 and a 52-week high of $14.25.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be given a dividend of $0.1279 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 13.1%. Pimco Dynamic Income Opportunities Fund’s payout ratio is currently -7,650.00%.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

Several hedge funds have recently added to or reduced their stakes in PDO. Noble Wealth Management PBC grew its holdings in Pimco Dynamic Income Opportunities Fund by 10.6% during the 2nd quarter. Noble Wealth Management PBC now owns 10,979 shares of the company’s stock worth $145,000 after acquiring an additional 1,048 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Pimco Dynamic Income Opportunities Fund by 5.3% in the 1st quarter. D.A. Davidson & CO. now owns 22,773 shares of the company’s stock valued at $294,000 after purchasing an additional 1,140 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 1.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 99,525 shares of the company’s stock worth $1,316,000 after purchasing an additional 1,750 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 0.6% during the 1st quarter. Private Advisor Group LLC now owns 286,227 shares of the company’s stock worth $3,701,000 after purchasing an additional 1,787 shares during the last quarter. Finally, Crumly & Associates Inc. lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 8.0% during the 2nd quarter. Crumly & Associates Inc. now owns 27,000 shares of the company’s stock worth $357,000 after purchasing an additional 2,000 shares during the last quarter. Institutional investors and hedge funds own 9.43% of the company’s stock.

PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) is a closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing across a broad range of fixed-income and other income-producing securities.

PDO may invest in corporate bonds, government and sovereign debt, mortgage- and asset-backed securities, loans, emerging-market debt, high-yield securities and other credit-related instruments.