Pimco Dynamic Income Opportunities Fund (NYSE:PDO – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 300,917 shares, an increase of 81.8% from the June 30th total of 165,530 shares. Based on an average daily volume of 524,199 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Trading of Pimco Dynamic Income Opportunities Fund
A number of institutional investors and hedge funds have recently modified their holdings of PDO. Geneos Wealth Management Inc. boosted its stake in Pimco Dynamic Income Opportunities Fund by 104.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,940 shares of the company’s stock worth $41,000 after acquiring an additional 1,500 shares during the last quarter. Allworth Financial LP raised its holdings in Pimco Dynamic Income Opportunities Fund by 217.0% in the third quarter. Allworth Financial LP now owns 3,233 shares of the company’s stock worth $46,000 after purchasing an additional 2,213 shares during the period. Activest Wealth Management raised 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 worth $68,000 after purchasing an additional 4,930 shares during the period. Advisory Services Network LLC bought a new position in shares of Pimco Dynamic Income Opportunities Fund during the third quarter worth $101,000. Finally, Camelot Portfolios LLC bought a new position in shares of Pimco Dynamic Income Opportunities Fund during the fourth quarter worth $111,000. 9.43% of the stock is owned by institutional investors.
Pimco Dynamic Income Opportunities Fund Stock Up 1.3%
Shares of Pimco Dynamic Income Opportunities Fund stock traded up $0.17 during trading on Thursday, reaching $13.12. 511,088 shares of the company were exchanged, compared to its average volume of 685,570. Pimco Dynamic Income Opportunities Fund has a twelve month low of $12.37 and a twelve month high of $14.25. The business has a 50-day moving average price of $13.04 and a 200-day moving average price of $13.35.
Pimco Dynamic Income Opportunities Fund Dividend Announcement
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.
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