PIMCO Strategic Income Fund, Inc. (NYSE:RCS) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 9,100 shares, a decline of 91.5% from the December 15th total of 106,800 shares. Based on an average daily volume of 139,000 shares, the short-interest ratio is currently 0.1 days.
Shares of NYSE RCS traded down $0.03 during midday trading on Friday, reaching $6.65. The stock had a trading volume of 2,010 shares, compared to its average volume of 184,399. PIMCO Strategic Income Fund has a twelve month low of $6.54 and a twelve month high of $8.23. The company’s 50 day moving average price is $7.00 and its 200 day moving average price is $7.41.
The company also recently declared a monthly dividend, which will be paid on Tuesday, February 1st. Stockholders of record on Thursday, January 13th will be given a $0.051 dividend. The ex-dividend date is Wednesday, January 12th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 9.20%.
About PIMCO Strategic Income Fund
PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.
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