Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Up 168.3% in June

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 276,547 shares, a growth of 168.3% from the May 31st total of 103,076 shares. Based on an average daily volume of 601,831 shares, the days-to-cover ratio is currently 0.5 days.

Pimco Dynamic Income Opportunities Fund Stock Performance

PDO opened at $13.12 on Monday. Pimco Dynamic Income Opportunities Fund has a 1-year low of $12.37 and a 1-year high of $14.25. The company’s fifty day moving average price is $13.06 and its two-hundred day moving average price is $13.47.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be issued 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 Thursday, June 11th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is currently -7,650.00%.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

A number of hedge funds have recently added to or reduced their stakes in PDO. Stifel Financial Corp raised its stake in shares of Pimco Dynamic Income Opportunities Fund by 1.8% in the fourth quarter. Stifel Financial Corp now owns 44,362 shares of the company’s stock worth $614,000 after purchasing an additional 766 shares during the last quarter. HBK Sorce Advisory LLC grew its holdings in Pimco Dynamic Income Opportunities Fund by 5.0% during the fourth quarter. HBK Sorce Advisory LLC now owns 21,000 shares of the company’s stock worth $296,000 after buying an additional 1,000 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Pimco Dynamic Income Opportunities Fund by 5.3% during the first quarter. D.A. Davidson & CO. now owns 22,773 shares of the company’s stock worth $294,000 after buying an additional 1,140 shares in the last quarter. Wilmington Savings Fund Society FSB raised 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 valued at $622,000 after buying an additional 1,264 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Pimco Dynamic Income Opportunities Fund by 27.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 7,000 shares of the company’s stock valued at $99,000 after buying an additional 1,500 shares during the last quarter. Institutional investors and hedge funds 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.