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

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

Pimco Dynamic Income Opportunities Fund Price Performance

Shares of NYSE:PDO traded down $0.07 on Friday, reaching $13.06. The company’s stock had a trading volume of 402,944 shares, compared to its average volume of 683,620. The stock’s 50-day moving average is $13.05 and its two-hundred day moving average is $13.34. 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 Announces Dividend

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

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in PDO. Geneos Wealth Management Inc. increased its position in shares of 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 buying an additional 1,500 shares in the last quarter. Allworth Financial LP grew its stake in Pimco Dynamic Income Opportunities Fund by 217.0% in the 3rd quarter. Allworth Financial LP now owns 3,233 shares of the company’s stock valued at $46,000 after acquiring an additional 2,213 shares during the last quarter. Activest Wealth Management increased its holdings in 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 valued at $68,000 after acquiring an additional 4,930 shares in the last quarter. Advisory Services Network LLC purchased a new position in Pimco Dynamic Income Opportunities Fund during the 3rd quarter valued at about $101,000. Finally, Camelot Portfolios LLC acquired a new position in Pimco Dynamic Income Opportunities Fund during the fourth quarter worth about $111,000. 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.