Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Stock Short Interest Climbs 261.5%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the target of a significant increase in short interest in 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 trading volume, of 1,210,807 shares, the days-to-cover ratio is currently 0.4 days.

Pimco Dynamic Income Opportunities Fund Stock Up 0.0%

PDO stock opened at $11.73 on Monday. Pimco Dynamic Income Opportunities Fund has a twelve month low of $11.55 and a twelve month high of $14.25. The business’s 50-day moving average price is $12.62 and its 200-day moving average price is $12.92.

Pimco Dynamic Income Opportunities Fund Announces Dividend

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

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

Hedge funds have recently modified their holdings of the company. Noble Wealth Management PBC boosted its position in shares of 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 valued at $145,000 after acquiring an additional 1,048 shares during the last quarter. D.A. Davidson & CO. grew its stake 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 worth $294,000 after buying an additional 1,140 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Pimco Dynamic Income Opportunities Fund by 1.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 99,525 shares of the company’s stock worth $1,316,000 after buying an additional 1,750 shares in the last quarter. Private Advisor Group LLC raised 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 valued at $3,701,000 after buying an additional 1,787 shares in the last quarter. Finally, Crumly & Associates Inc. raised 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 valued at $357,000 after buying an additional 2,000 shares in the last quarter. 9.43% of the stock is currently owned by institutional investors.

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.