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

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a large decline in short interest during 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 trading volume of 621,283 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Pimco Dynamic Income Opportunities Fund in the 1st quarter worth approximately $366,000. Geneos Wealth Management Inc. boosted its position in shares of 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 last quarter. Invesco Ltd. grew its holdings 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 purchasing an additional 44,983 shares in the last quarter. Walleye Capital LLC purchased 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 position in Pimco Dynamic Income Opportunities Fund by 498.8% in the second quarter. NewEdge Advisors LLC now owns 126,385 shares of the company’s stock worth $1,704,000 after purchasing an additional 105,280 shares during the last quarter. Hedge funds and other institutional investors own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Stock Up 0.3%

Shares of PDO traded up $0.04 during midday trading on Thursday, hitting $13.15. 163,459 shares of the company traded hands, compared to its average volume of 693,928. The firm has a 50 day moving average of $13.03 and a 200-day moving average of $13.41. Pimco Dynamic Income Opportunities Fund has a 52 week low of $12.37 and a 52 week high of $14.25.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 13th will be given a $0.1279 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date 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.