Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Decreases By 64.0%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 99,571 shares, a drop of 64.0% from the April 30th total of 276,281 shares. Based on an average daily volume of 849,344 shares, the short-interest ratio is currently 0.1 days.

Pimco Dynamic Income Opportunities Fund Stock Up 1.1%

NYSE PDO traded up $0.15 on Friday, hitting $13.15. 493,575 shares of the company were exchanged, compared to its average volume of 733,045. The stock has a fifty day moving average of $13.06 and a 200-day moving average of $13.59. Pimco Dynamic Income Opportunities Fund has a 12 month low of $12.37 and a 12 month high of $14.25.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a $0.1279 dividend. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend is Monday, May 11th. Pimco Dynamic Income Opportunities Fund’s payout ratio is presently -7,650.00%.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. bought a new stake in Pimco Dynamic Income Opportunities Fund during the 3rd quarter valued at $27,000. Geneos Wealth Management Inc. grew 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 valued at $41,000 after buying an additional 1,500 shares during the last quarter. Aspect Partners LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund during the third quarter valued at about $42,000. Allworth Financial LP increased its position in shares of 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 worth $46,000 after acquiring an additional 2,213 shares in the last quarter. Finally, Activest Wealth Management raised its holdings in shares of Pimco Dynamic Income Opportunities Fund by 32,866.7% in the 4th quarter. Activest Wealth Management now owns 4,945 shares of the company’s stock worth $68,000 after acquiring 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 (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.