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

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

Pimco Dynamic Income Opportunities Fund Stock Performance

Shares of NYSE:PDO opened at $12.44 on Monday. Pimco Dynamic Income Opportunities Fund has a 1 year low of $11.81 and a 1 year high of $14.25. The business has a fifty day moving average price of $13.70 and a two-hundred day moving average price of $13.85.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Thursday, March 12th will be paid a $0.1279 dividend. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend is Thursday, March 12th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is currently -7,650.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. raised its position in Pimco Dynamic Income Opportunities Fund by 331.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 34,021 shares of the company’s stock valued at $471,000 after purchasing an additional 26,132 shares in the last quarter. Fund Advisors of America Inc FL purchased a new stake in Pimco Dynamic Income Opportunities Fund in the fourth quarter worth approximately $406,000. World Investment Advisors bought a new position in Pimco Dynamic Income Opportunities Fund during the fourth quarter valued at approximately $241,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of Pimco Dynamic Income Opportunities Fund during the fourth quarter worth approximately $287,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 36.8% in the 4th quarter. NewEdge Advisors LLC now owns 183,484 shares of the company’s stock worth $2,539,000 after acquiring an additional 49,340 shares during the last quarter. 9.43% of the stock is currently owned by hedge funds and other institutional investors.

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.