Pimco High Income Fund (NYSE:PHK) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 998,444 shares, a decrease of 46.1% from the April 13th total of 1,852,466 shares. Based on an average daily trading volume, of 453,935 shares, the short-interest ratio is currently 2.2 days.

Institutional investors have recently made changes to their positions in the stock. We Are One Seven LLC bought a new position in Pimco High Income Fund during the fourth quarter valued at approximately $100,000. Taylor Hoffman Wealth Management bought a new position in Pimco High Income Fund during the fourth quarter valued at approximately $128,000. United Capital Financial Advisers LLC bought a new position in Pimco High Income Fund during the first quarter valued at approximately $128,000. Thrivent Financial for Lutherans bought a new position in Pimco High Income Fund during the first quarter valued at approximately $142,000. Finally, Two Sigma Securities LLC bought a new position in Pimco High Income Fund during the fourth quarter valued at approximately $145,000. 6.51% of the stock is owned by institutional investors.

Shares of Pimco High Income Fund stock opened at $8.03 on Thursday. Pimco High Income Fund has a 12 month low of $7.90 and a 12 month high of $7.98.

The company also recently declared a monthly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 11th will be paid a dividend of $0.0807 per share. This represents a $0.97 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date is Thursday, May 10th.

About Pimco High Income Fund

There is no company description available for PIMCO High Income Fund.

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