Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Down 17.6% in January

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 713,523 shares, a drop of 17.6% from the January 15th total of 866,217 shares. Based on an average daily trading volume, of 544,879 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 544,879 shares, the days-to-cover ratio is currently 1.3 days.

Pimco Dynamic Income Opportunities Fund Price Performance

Shares of NYSE:PDO traded up $0.05 during midday trading on Wednesday, reaching $14.14. 546,224 shares of the company were exchanged, compared to its average volume of 660,110. The business’s fifty day moving average is $13.96 and its two-hundred day moving average is $13.91. Pimco Dynamic Income Opportunities Fund has a one year low of $11.81 and a one year high of $14.25.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 12th will be given a dividend of $0.1279 per share. The ex-dividend date is Thursday, February 12th. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%. 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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDO. Royal Bank of Canada grew its holdings in Pimco Dynamic Income Opportunities Fund by 53.4% during the 4th quarter. Royal Bank of Canada now owns 2,194,483 shares of the company’s stock valued at $30,371,000 after buying an additional 763,471 shares in the last quarter. Morgan Stanley grew its holdings in shares of Pimco Dynamic Income Opportunities Fund by 14.9% in the fourth quarter. Morgan Stanley now owns 5,397,465 shares of the company’s stock valued at $74,701,000 after purchasing an additional 698,797 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Pimco Dynamic Income Opportunities Fund by 557.0% in the third quarter. Envestnet Asset Management Inc. now owns 381,500 shares of the company’s stock valued at $5,387,000 after purchasing an additional 323,435 shares in the last quarter. Cercano Management LLC increased its position in Pimco Dynamic Income Opportunities Fund by 21.6% in the second quarter. Cercano Management LLC now owns 1,666,651 shares of the company’s stock worth $22,466,000 after purchasing an additional 295,858 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in Pimco Dynamic Income Opportunities Fund during the second quarter valued at $2,357,000. 9.43% of the stock is owned by 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.