Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Update

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 996,728 shares, a drop of 19.7% from the February 26th total of 1,241,818 shares. Based on an average trading volume of 1,024,700 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

Several hedge funds and other institutional investors have recently bought and sold shares of PDO. Assetmark Inc. acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 3rd quarter valued at approximately $27,000. Geneos Wealth Management Inc. raised its holdings in shares of Pimco Dynamic Income Opportunities Fund by 104.2% during the first quarter. Geneos Wealth Management Inc. now owns 2,940 shares of the company’s stock worth $41,000 after purchasing an additional 1,500 shares during the last quarter. Aspect Partners LLC acquired a new position in Pimco Dynamic Income Opportunities Fund during the third quarter valued at $42,000. Allworth Financial LP lifted its position in Pimco Dynamic Income Opportunities Fund by 217.0% during the third quarter. Allworth Financial LP now owns 3,233 shares of the company’s stock valued at $46,000 after purchasing an additional 2,213 shares during the period. Finally, Activest Wealth Management boosted its holdings in 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 valued at $68,000 after purchasing an additional 4,930 shares during the last quarter. Institutional investors and hedge funds own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Stock Performance

PDO traded up $0.14 on Wednesday, reaching $13.07. 423,712 shares of the stock were exchanged, compared to its average volume of 777,340. The company’s 50-day moving average price is $13.65 and its 200 day moving average price is $13.83. Pimco Dynamic Income Opportunities Fund has a fifty-two week low of $11.81 and a fifty-two week high of $14.25.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Thursday, March 12th will be issued a dividend of $0.1279 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. Pimco Dynamic Income Opportunities Fund’s payout ratio is -7,650.00%.

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.