Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Sees Large Drop in Short Interest

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 940,500 shares, a decrease of 18.9% from the October 15th total of 1,160,000 shares. Based on an average daily volume of 575,000 shares, the short-interest ratio is currently 1.6 days.

Pimco Dynamic Income Opportunities Fund Stock Down 0.2 %

Pimco Dynamic Income Opportunities Fund stock traded down $0.02 during trading on Friday, reaching $13.30. 659,850 shares of the company’s stock were exchanged, compared to its average volume of 490,112. The company’s 50-day moving average is $13.86 and its two-hundred day moving average is $13.51. Pimco Dynamic Income Opportunities Fund has a 52-week low of $11.72 and a 52-week high of $14.44.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Tuesday, November 12th will be given a dividend of $0.1279 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.53 dividend on an annualized basis and a yield of 11.54%. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is -7,650.00%.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

A number of institutional investors have recently added to or reduced their stakes in the company. SOL Capital Management CO lifted its holdings in Pimco Dynamic Income Opportunities Fund by 6.5% in the 3rd quarter. SOL Capital Management CO now owns 1,245,645 shares of the company’s stock worth $17,589,000 after buying an additional 76,420 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Pimco Dynamic Income Opportunities Fund by 7.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 603,826 shares of the company’s stock worth $8,025,000 after buying an additional 44,042 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Pimco Dynamic Income Opportunities Fund by 24.7% in the 3rd quarter. HighTower Advisors LLC now owns 268,182 shares of the company’s stock worth $3,786,000 after buying an additional 53,066 shares in the last quarter. Consolidated Portfolio Review Corp lifted its holdings in Pimco Dynamic Income Opportunities Fund by 1.7% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 185,591 shares of the company’s stock worth $2,621,000 after buying an additional 3,145 shares in the last quarter. Finally, Leavell Investment Management Inc. lifted its holdings in Pimco Dynamic Income Opportunities Fund by 29.4% in the 3rd quarter. Leavell Investment Management Inc. now owns 147,135 shares of the company’s stock worth $2,095,000 after buying an additional 33,428 shares in the last quarter. Institutional investors and hedge funds own 9.43% of the company’s stock.