Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Rises By 52.0%

Pimco Dynamic Income Opportunities Fund (NYSE:PDOGet Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,440,000 shares, a growth of 52.0% from the September 30th total of 947,400 shares. Based on an average daily trading volume, of 551,700 shares, the short-interest ratio is presently 2.6 days. Based on an average daily trading volume, of 551,700 shares, the short-interest ratio is presently 2.6 days.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDO. MeadowBrook Investment Advisors LLC purchased a new position in shares of Pimco Dynamic Income Opportunities Fund during the second quarter valued at approximately $30,000. Geneos Wealth Management Inc. boosted its holdings in Pimco Dynamic Income Opportunities Fund by 104.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,940 shares of the company’s stock valued at $41,000 after acquiring an additional 1,500 shares during the period. Ameritas Advisory Services LLC bought a new position in Pimco Dynamic Income Opportunities Fund in the 2nd quarter valued at $46,000. Tableaux LLC purchased a new stake in Pimco Dynamic Income Opportunities Fund in the second quarter worth $70,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Pimco Dynamic Income Opportunities Fund by 34.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,913 shares of the company’s stock worth $138,000 after purchasing an additional 2,513 shares during the period. 9.43% of the stock is owned by hedge funds and other institutional investors.

Pimco Dynamic Income Opportunities Fund Stock Up 0.0%

NYSE PDO opened at $13.93 on Tuesday. Pimco Dynamic Income Opportunities Fund has a 52 week low of $11.81 and a 52 week high of $14.25. The company has a fifty day moving average of $13.97 and a two-hundred day moving average of $13.64.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a dividend of $0.1279 per share. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Friday, November 14th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is presently -7,650.00%.

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