Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Short Interest Update

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 39,000 shares, a growth of 33.6% from the March 31st total of 29,200 shares. Based on an average daily volume of 38,200 shares, the short-interest ratio is currently 1.0 days.

Pioneer Municipal High Income Opportunities Fund Stock Performance

Shares of Pioneer Municipal High Income Opportunities Fund stock remained flat at $11.00 on Tuesday. 10,278 shares of the stock traded hands, compared to its average volume of 39,699. Pioneer Municipal High Income Opportunities Fund has a 52-week low of $9.18 and a 52-week high of $11.36.

Pioneer Municipal High Income Opportunities Fund Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Friday, April 19th will be issued a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. This is a boost from Pioneer Municipal High Income Opportunities Fund’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Thursday, April 18th.

Insider Activity

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. acquired 5,909 shares of the stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average cost of $11.21 per share, for a total transaction of $66,239.89. Following the completion of the transaction, the insider now directly owns 1,725,979 shares of the company’s stock, valued at $19,348,224.59. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Nomura Holdings Inc. purchased a new stake in Pioneer Municipal High Income Opportunities Fund during the fourth quarter valued at $225,000. Kingswood Wealth Advisors LLC lifted its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 62.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 27,835 shares of the company’s stock valued at $315,000 after acquiring an additional 10,650 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC grew its position in Pioneer Municipal High Income Opportunities Fund by 1,362.1% in the first quarter. Blue Bell Private Wealth Management LLC now owns 13,159 shares of the company’s stock worth $149,000 after acquiring an additional 12,259 shares in the last quarter.