Pimco Dynamic Income Opportunities Fund (NYSE:PDO – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 300,917 shares, a growth of 81.8% from the June 30th total of 165,530 shares. Based on an average daily trading volume, of 524,199 shares, the short-interest ratio is presently 0.6 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of PDO. Jane Street Group LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund during the 1st quarter worth approximately $366,000. Geneos Wealth Management Inc. boosted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 104.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,940 shares of the company’s stock valued at $41,000 after buying an additional 1,500 shares during the last quarter. Invesco Ltd. grew its stake in shares of Pimco Dynamic Income Opportunities Fund by 5.1% in the second quarter. Invesco Ltd. now owns 932,102 shares of the company’s stock valued at $12,565,000 after buying an additional 44,983 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Pimco Dynamic Income Opportunities Fund in the second quarter valued at $177,000. Finally, NewEdge Advisors LLC increased its holdings in Pimco Dynamic Income Opportunities Fund by 498.8% during the second quarter. NewEdge Advisors LLC now owns 126,385 shares of the company’s stock worth $1,704,000 after buying an additional 105,280 shares during the last quarter. 9.43% of the stock is currently owned by institutional investors.
Pimco Dynamic Income Opportunities Fund Trading Down 0.5%
Shares of Pimco Dynamic Income Opportunities Fund stock traded down $0.07 during trading hours on Friday, reaching $13.06. 402,944 shares of the company’s stock were exchanged, compared to its average volume of 683,620. The company has a 50 day moving average of $13.05 and a two-hundred day moving average of $13.34. Pimco Dynamic Income Opportunities Fund has a fifty-two week low of $12.37 and a fifty-two week high of $14.25.
Pimco Dynamic Income Opportunities Fund Announces Dividend
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.
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