Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Grows By 81.8%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 300,917 shares, an increase of 81.8% from the June 30th total of 165,530 shares. Based on an average trading volume of 524,199 shares, the short-interest ratio is currently 0.6 days.

Pimco Dynamic Income Opportunities Fund Stock Up 1.3%

Shares of Pimco Dynamic Income Opportunities Fund stock traded up $0.17 during trading hours on Thursday, hitting $13.12. The company’s stock had a trading volume of 511,088 shares, compared to its average volume of 685,570. The stock has a 50 day moving average of $13.04 and a 200 day moving average of $13.35. Pimco Dynamic Income Opportunities Fund has a 12 month low of $12.37 and a 12 month high of $14.25.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 13th will be paid a dividend of $0.1279 per share. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend is Monday, July 13th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is presently -7,650.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Independent Financial Group LLC raised its holdings in shares of Pimco Dynamic Income Opportunities Fund by 2.9% during the second quarter. Independent Financial Group LLC now owns 125,668 shares of the company’s stock worth $1,661,000 after acquiring an additional 3,511 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Pimco Dynamic Income Opportunities Fund by 434.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 179,552 shares of the company’s stock valued at $2,388,000 after purchasing an additional 145,963 shares during the period. McAlister Sweet & Associates Inc. bought a new stake in shares of Pimco Dynamic Income Opportunities Fund in the second quarter valued at about $133,000. Crumly & Associates Inc. lifted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 8.0% in the second quarter. Crumly & Associates Inc. now owns 27,000 shares of the company’s stock valued at $357,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Meadowbrook Wealth Management LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund during the second quarter worth about $574,000. 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.