Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Sees Significant Decline in Short Interest

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 165,530 shares, a decline of 40.1% from the June 15th total of 276,547 shares. Based on an average daily volume of 621,283 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. boosted its holdings in Pimco Dynamic Income Opportunities Fund by 104.2% in the first 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 last quarter. Allworth Financial LP grew its position in shares of Pimco Dynamic Income Opportunities Fund by 217.0% during the 3rd quarter. Allworth Financial LP now owns 3,233 shares of the company’s stock worth $46,000 after buying an additional 2,213 shares during the period. Activest Wealth Management grew its position in shares of Pimco Dynamic Income Opportunities Fund by 32,866.7% during the 4th quarter. Activest Wealth Management now owns 4,945 shares of the company’s stock worth $68,000 after buying an additional 4,930 shares during the period. Advisory Services Network LLC acquired a new position in Pimco Dynamic Income Opportunities Fund in the third quarter valued at approximately $101,000. Finally, Camelot Portfolios LLC acquired a new position in Pimco Dynamic Income Opportunities Fund in the fourth quarter valued at approximately $111,000. Institutional investors and hedge funds own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Stock Up 0.0%

PDO traded up $0.01 during midday trading on Friday, reaching $13.18. 350,413 shares of the company’s stock were exchanged, compared to its average volume of 693,482. The business has a 50-day simple moving average of $13.02 and a two-hundred day simple moving average of $13.40. Pimco Dynamic Income Opportunities Fund has a one year low of $12.37 and a one year high of $14.25.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 13th will be issued a $0.1279 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date of this dividend is Monday, July 13th. Pimco Dynamic Income Opportunities Fund’s payout ratio is currently -7,650.00%.

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.