PIMCO Dynamic Income Fund (NYSE:PDI) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 807,300 shares, an increase of 29.2% from the August 15th total of 624,700 shares. Based on an average daily volume of 296,500 shares, the days-to-cover ratio is presently 2.7 days.
Shares of NYSE:PDI traded up $0.46 during trading on Tuesday, reaching $26.42. The stock had a trading volume of 8,613 shares, compared to its average volume of 326,230. PIMCO Dynamic Income Fund has a 52 week low of $23.81 and a 52 week high of $29.75. The stock has a fifty day simple moving average of $28.17 and a two-hundred day simple moving average of $28.56.
The company also recently declared a monthly dividend, which will be paid on Friday, October 1st. Stockholders of record on Monday, September 13th will be given a $0.221 dividend. This is a positive change from PIMCO Dynamic Income Fund’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Friday, September 10th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 10.04%.
PIMCO Dynamic Income Fund Company Profile
PIMCO Dynamic Income Fund is a non-diversified, closed-end management investment company. Its seeks current income as a primary objective and capital appreciation as a secondary objective. The company was founded on January 19, 2011 and is headquartered in New York, NY.
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