Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Drops By 19.7%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 996,728 shares, a drop of 19.7% from the February 26th total of 1,241,818 shares. Based on an average daily volume of 1,024,700 shares, the short-interest ratio is currently 1.0 days.

Pimco Dynamic Income Opportunities Fund Price Performance

Shares of PDO opened at $12.44 on Monday. Pimco Dynamic Income Opportunities Fund has a twelve month low of $11.81 and a twelve month high of $14.25. The firm has a fifty day simple moving average of $13.70 and a two-hundred day simple moving average of $13.85.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Investors of record on Thursday, March 12th will be issued a dividend of $0.1279 per share. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date is Thursday, March 12th. Pimco Dynamic Income Opportunities Fund’s payout ratio is currently -7,650.00%.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Morgan Stanley increased its stake in shares of Pimco Dynamic Income Opportunities Fund by 14.9% during the fourth quarter. Morgan Stanley now owns 5,397,465 shares of the company’s stock valued at $74,701,000 after buying an additional 698,797 shares during the period. UBS Group AG lifted its stake in Pimco Dynamic Income Opportunities Fund by 4.9% in the fourth quarter. UBS Group AG now owns 3,521,827 shares of the company’s stock worth $48,742,000 after acquiring an additional 164,530 shares during the period. Royal Bank of Canada boosted its holdings in Pimco Dynamic Income Opportunities Fund by 53.4% in the fourth quarter. Royal Bank of Canada now owns 2,194,483 shares of the company’s stock valued at $30,371,000 after acquiring an additional 763,471 shares in the last quarter. SOL Capital Management CO increased its position in Pimco Dynamic Income Opportunities Fund by 1.1% during the 4th quarter. SOL Capital Management CO now owns 1,698,816 shares of the company’s stock valued at $23,512,000 after purchasing an additional 19,013 shares during the period. Finally, Invesco Ltd. increased its position in Pimco Dynamic Income Opportunities Fund by 3.5% during the 3rd quarter. Invesco Ltd. now owns 964,934 shares of the company’s stock valued at $13,625,000 after purchasing an additional 32,832 shares during the period. Hedge funds and other institutional investors own 9.43% of the company’s stock.

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.