Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Shares Shorted: Short Interest Down 72.8% in September

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 121,663 shares, a decrease of 72.8% from the September 15th total of 447,708 shares. Based on an average daily volume of 1,335,056 shares, the days-to-cover ratio is presently 0.1 days.

Pimco Dynamic Income Opportunities Fund Price Performance

Shares of PDO traded down $0.14 during mid-day trading on Tuesday, hitting $11.91. The company had a trading volume of 918,946 shares, compared to its average volume of 783,728. Pimco Dynamic Income Opportunities Fund has a 1-year low of $11.51 and a 1-year high of $14.20. The business’s 50-day simple moving average is $12.38 and its 200-day simple moving average is $12.83.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Tuesday, October 13th will be given a dividend of $0.1279 per share. This represents a $1.53 dividend on an annualized basis and a yield of 12.9%. The ex-dividend date of this dividend is Tuesday, October 13th. Pimco Dynamic Income Opportunities Fund’s payout ratio is -8,300.00%.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

A number of large investors have recently modified their holdings of PDO. Integrity Wealth Partners LLC purchased a new position in Pimco Dynamic Income Opportunities Fund in the 1st quarter valued at about $3,015,000. Royal Bank of Canada lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 7.0% in the 1st quarter. Royal Bank of Canada now owns 2,347,194 shares of the company’s stock worth $30,348,000 after buying an additional 152,711 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings 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 buying an additional 145,963 shares during the period. Independent Financial Group LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund in the 1st quarter valued at about $1,579,000. Finally, Rivernorth Capital Management LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund in the 1st quarter valued at about $1,237,000. Institutional investors and hedge funds own 9.43% of the company’s stock.

PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) is a closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing across a broad range of fixed-income and other income-producing securities.

PDO may invest in corporate bonds, government and sovereign debt, mortgage- and asset-backed securities, loans, emerging-market debt, high-yield securities and other credit-related instruments.