Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Up 168.3% in June

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 276,547 shares, an increase of 168.3% from the May 31st total of 103,076 shares. Based on an average daily trading volume, of 601,831 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Several institutional investors and hedge funds have recently made changes to their positions in PDO. Bank of America Corp DE increased its holdings in Pimco Dynamic Income Opportunities Fund by 5.1% in the first quarter. Bank of America Corp DE now owns 840,793 shares of the company’s stock worth $10,871,000 after purchasing an additional 40,810 shares in the last quarter. Rivernorth Capital Management LLC acquired a new stake in Pimco Dynamic Income Opportunities Fund in the first quarter worth $1,237,000. Royal Bank of Canada boosted its position in shares of Pimco Dynamic Income Opportunities Fund by 7.0% during the 1st quarter. Royal Bank of Canada now owns 2,347,194 shares of the company’s stock worth $30,348,000 after purchasing an additional 152,711 shares in the last quarter. Gateway Wealth Partners LLC acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund in the 1st quarter valued at about $145,000. Finally, Cetera Investment Advisers grew its stake in shares of Pimco Dynamic Income Opportunities Fund by 15.4% in the 1st quarter. Cetera Investment Advisers now owns 195,582 shares of the company’s stock valued at $2,529,000 after buying an additional 26,136 shares during the period. Institutional investors own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Stock Performance

PDO stock opened at $13.12 on Monday. Pimco Dynamic Income Opportunities Fund has a 12-month low of $12.37 and a 12-month high of $14.25. The company’s fifty day simple moving average is $13.06 and its 200 day simple moving average is $13.47.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be paid a $0.1279 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date of this dividend is Thursday, June 11th. Pimco Dynamic Income Opportunities Fund’s payout ratio is currently -7,650.00%.

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.