Short Interest in Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Decreases By 32.1%

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 26,900 shares, a drop of 32.1% from the August 15th total of 39,600 shares. Based on an average trading volume of 35,500 shares, the days-to-cover ratio is presently 0.8 days.

Insider Transactions at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. purchased 5,200 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were acquired at an average cost of $11.93 per share, with a total value of $62,036.00. Following the purchase, the insider now owns 1,768,568 shares in the company, valued at $21,099,016.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders purchased 82,645 shares of company stock worth $992,229 over the last ninety days.

Institutional Trading of Pioneer Municipal High Income Opportunities Fund

Several large investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new stake in shares of Pioneer Municipal High Income Opportunities Fund during the second quarter valued at approximately $388,000. Whitebox Advisors LLC raised its position in shares of Pioneer Municipal High Income Opportunities Fund by 157.0% during the second quarter. Whitebox Advisors LLC now owns 114,612 shares of the company’s stock valued at $1,335,000 after buying an additional 70,022 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of Pioneer Municipal High Income Opportunities Fund by 82.9% in the second quarter. Blue Bell Private Wealth Management LLC now owns 24,065 shares of the company’s stock worth $280,000 after purchasing an additional 10,906 shares during the last quarter. WMG Financial Advisors LLC bought a new position in Pioneer Municipal High Income Opportunities Fund during the second quarter valued at $117,000. Finally, Prudent Investors Network Inc. purchased a new position in shares of Pioneer Municipal High Income Opportunities Fund in the 1st quarter worth approximately $117,000.

Pioneer Municipal High Income Opportunities Fund Stock Down 0.2 %

NYSE MIO traded down $0.03 during trading hours on Friday, hitting $12.46. The company had a trading volume of 12,838 shares, compared to its average volume of 37,834. Pioneer Municipal High Income Opportunities Fund has a 52 week low of $9.18 and a 52 week high of $12.54. The company’s 50 day moving average is $12.05.

Pioneer Municipal High Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be paid a $0.05 dividend. The ex-dividend date is Friday, September 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.82%.