PIMCO Dynamic Income Fund (NYSE:PDI) Short Interest Update

PIMCO Dynamic Income Fund (NYSE:PDI) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 354,127 shares, a decline of 17.3% from the January 15th total of 428,022 shares. Based on an average trading volume of 2,449,846 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 2,449,846 shares, the days-to-cover ratio is currently 0.1 days.

PIMCO Dynamic Income Fund Stock Performance

PIMCO Dynamic Income Fund stock traded up $0.04 during mid-day trading on Tuesday, reaching $18.65. The company’s stock had a trading volume of 2,948,091 shares, compared to its average volume of 3,133,390. PIMCO Dynamic Income Fund has a twelve month low of $16.00 and a twelve month high of $20.17. The business has a 50 day moving average price of $18.12 and a 200-day moving average price of $18.70.

PIMCO Dynamic Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 12th will be given a dividend of $0.2205 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date of this dividend is Thursday, February 12th.

Hedge Funds Weigh In On PIMCO Dynamic Income Fund

Large investors have recently bought and sold shares of the business. Heritage Wealth Advisors bought a new position in shares of PIMCO Dynamic Income Fund during the fourth quarter valued at approximately $35,000. LRI Investments LLC lifted its holdings in shares of PIMCO Dynamic Income Fund by 147.3% in the 3rd quarter. LRI Investments LLC now owns 2,196 shares of the company’s stock worth $43,000 after purchasing an additional 1,308 shares during the last quarter. Aspect Partners LLC acquired a new position in PIMCO Dynamic Income Fund during the 3rd quarter valued at approximately $54,000. Eastern Bank bought a new position in PIMCO Dynamic Income Fund during the 3rd quarter worth $59,000. Finally, Parkside Financial Bank & Trust bought a new position in PIMCO Dynamic Income Fund during the 3rd quarter worth $59,000.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (NYSE: PDI) is a closed-end management investment company advised by Pacific Investment Management Company LLC (“PIMCO”), one of the world’s largest fixed-income asset managers. Listed on the New York Stock Exchange, PDI seeks to deliver attractive monthly income and capital appreciation by allocating across a broad array of global fixed-income markets.

The fund employs a dynamic, multi-sector approach, investing in a diversified mix of investment-grade and high-yield corporate bonds, bank loans, emerging-market debt, mortgage- and asset-backed securities, and U.S.