PIMCO Dynamic Income Fund (NYSE:PDI) Short Interest Update

PIMCO Dynamic Income Fund (NYSE:PDI) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 428,022 shares, an increase of 702.7% from the December 31st total of 53,321 shares. Based on an average trading volume of 3,152,687 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,152,687 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of PIMCO Dynamic Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of PDI. Kingswood Wealth Advisors LLC grew its position in PIMCO Dynamic Income Fund by 4.8% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 14,286 shares of the company’s stock worth $253,000 after acquiring an additional 656 shares during the period. Absolute Investment Advisers LLC acquired a new position in shares of PIMCO Dynamic Income Fund in the 4th quarter valued at $3,975,000. Key Client Fiduciary Advisors LLC lifted its stake in shares of PIMCO Dynamic Income Fund by 6.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 39,575 shares of the company’s stock valued at $701,000 after purchasing an additional 2,228 shares during the last quarter. Ramiah Investment Group grew its holdings in shares of PIMCO Dynamic Income Fund by 23.4% during the 4th quarter. Ramiah Investment Group now owns 32,417 shares of the company’s stock worth $574,000 after purchasing an additional 6,151 shares during the period. Finally, Benchmark Financial LLC acquired a new stake in shares of PIMCO Dynamic Income Fund during the 4th quarter worth about $1,054,000.

PIMCO Dynamic Income Fund Trading Up 0.1%

Shares of PIMCO Dynamic Income Fund stock traded up $0.02 on Wednesday, hitting $18.20. 2,345,328 shares of the company were exchanged, compared to its average volume of 2,814,838. The company has a 50-day moving average price of $17.95 and a 200 day moving average price of $18.75. PIMCO Dynamic Income Fund has a 1-year low of $16.00 and a 1-year high of $20.17.

PIMCO Dynamic Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Tuesday, January 13th will be paid a dividend of $0.2205 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a c) dividend on an annualized basis and a yield of 14.5%.

PIMCO Dynamic Income Fund Company Profile

PIMCO Dynamic Income Fund (NYSE: PDI) is a closed-end management investment company advised by Pacific Investment Management Company LLC (“PIMCO”), one of the world’s largest fixed-income asset managers. Listed on the New York Stock Exchange, PDI seeks to deliver attractive monthly income and capital appreciation by allocating across a broad array of global fixed-income markets.

The fund employs a dynamic, multi-sector approach, investing in a diversified mix of investment-grade and high-yield corporate bonds, bank loans, emerging-market debt, mortgage- and asset-backed securities, and U.S.