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

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 798,128 shares, a decline of 25.8% from the December 15th total of 1,076,042 shares. Based on an average trading volume of 782,113 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 782,113 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

Institutional investors have recently added to or reduced their stakes in the stock. Jaffetilchin Investment Partners LLC acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund during the fourth quarter worth $293,000. Crumly & Associates Inc. increased its position in shares of Pimco Dynamic Income Opportunities Fund by 20.0% during the fourth quarter. Crumly & Associates Inc. now owns 15,000 shares of the company’s stock worth $208,000 after acquiring an additional 2,500 shares in the last quarter. Noble Wealth Management PBC raised its stake in shares of Pimco Dynamic Income Opportunities Fund by 27.2% in the fourth quarter. Noble Wealth Management PBC now owns 8,283 shares of the company’s stock worth $115,000 after purchasing an additional 1,769 shares during the last quarter. Allworth Financial LP boosted its holdings in 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 acquiring an additional 2,213 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB grew its position in Pimco Dynamic Income Opportunities Fund by 3.0% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 44,074 shares of the company’s stock worth $622,000 after purchasing an additional 1,264 shares in the last quarter. 9.43% of the stock is currently owned by institutional investors.

Pimco Dynamic Income Opportunities Fund Stock Performance

Pimco Dynamic Income Opportunities Fund stock traded down $0.01 during mid-day trading on Friday, reaching $13.98. The company had a trading volume of 364,263 shares, compared to its average volume of 638,278. Pimco Dynamic Income Opportunities Fund has a fifty-two week low of $11.81 and a fifty-two week high of $14.25. The business has a fifty day simple moving average of $13.89 and a 200 day simple moving average of $13.82.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Tuesday, January 13th will be issued a dividend of $0.1279 per share. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Tuesday, January 13th. Pimco Dynamic Income Opportunities Fund’s payout ratio is -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.