Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Stock Short Interest Climbs 300.9%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 487,696 shares, a growth of 300.9% from the September 30th total of 121,663 shares. Based on an average daily volume of 1,188,502 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

A number of large investors have recently added to or reduced their stakes in PDO. Integrated Wealth Concepts LLC acquired a new stake in Pimco Dynamic Income Opportunities Fund in the 2nd quarter worth approximately $33,000. CoreCap Advisors LLC grew its position in Pimco Dynamic Income Opportunities Fund by 46.2% during the 3rd quarter. CoreCap Advisors LLC now owns 3,800 shares of the company’s stock worth $45,000 after purchasing an additional 1,200 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Pimco Dynamic Income Opportunities Fund during the 2nd quarter valued at approximately $57,000. McAlister Sweet & Associates Inc. acquired a new position in Pimco Dynamic Income Opportunities Fund during the 2nd quarter valued at approximately $133,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of Pimco Dynamic Income Opportunities Fund in the third quarter worth $136,000. 9.43% of the stock is currently owned by institutional investors.

Pimco Dynamic Income Opportunities Fund Stock Up 1.3%

Pimco Dynamic Income Opportunities Fund stock traded up $0.15 during mid-day trading on Thursday, reaching $11.86. 674,168 shares of the company were exchanged, compared to its average volume of 785,239. The business has a fifty day moving average of $12.10 and a 200 day moving average of $13.01. Pimco Dynamic Income Opportunities Fund has a 12-month low of $11.51 and a 12-month high of $14.20.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Tuesday, October 13th will be given a dividend of $0.1279 per share. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $1.53 dividend on an annualized basis and a yield of 12.9%. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is presently -7,650.00%.

PIMCO Dynamic Income Opportunities Fund is a closed-end management investment company listed on the New York Stock Exchange under the symbol PDO. The fund is advised by Pacific Investment Management Company LLC, commonly known as PIMCO, a global investment manager specializing in fixed-income and other income-oriented strategies.

The fund seeks to provide current income as its primary objective and long-term capital appreciation as a secondary objective. It invests in a diversified portfolio of income-producing securities, including corporate bonds, government and sovereign debt, mortgage-related securities, asset-backed securities, and other fixed-income instruments.

PIMCO Dynamic Income Opportunities Fund may invest across developed and emerging markets and can use derivatives and other investment techniques to manage risk, gain exposure to markets, or pursue income and return opportunities.