Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Stock Short Interest Report for October

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 487,696 shares, an increase of 300.9% from the September 30th total of 121,663 shares. Based on an average daily volume of 1,188,502 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund during the 2nd quarter worth about $33,000. CoreCap Advisors LLC lifted its position in Pimco Dynamic Income Opportunities Fund by 46.2% during the 3rd quarter. CoreCap Advisors LLC now owns 3,800 shares of the company’s stock worth $45,000 after acquiring an additional 1,200 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in Pimco Dynamic Income Opportunities Fund in the second quarter valued at approximately $57,000. McAlister Sweet & Associates Inc. acquired a new position in shares of Pimco Dynamic Income Opportunities Fund during the second quarter worth $133,000. Finally, Noble Wealth Management PBC lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 10.6% during the second quarter. Noble Wealth Management PBC now owns 10,979 shares of the company’s stock worth $145,000 after purchasing an additional 1,048 shares in the last quarter. Hedge funds and other institutional investors own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Trading Down 0.7%

NYSE:PDO traded down $0.08 during mid-day trading on Friday, reaching $11.78. 55,524 shares of the stock were exchanged, compared to its average volume of 781,492. The company has a 50 day simple moving average of $12.08 and a 200-day simple moving average of $13.00. Pimco Dynamic Income Opportunities Fund has a 1 year low of $11.51 and a 1 year high of $14.20.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Tuesday, October 13th will be paid a dividend of $0.1279 per share. This represents a $1.53 dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date of this dividend is Tuesday, October 13th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is -7,650.00%.

PIMCO Dynamic Income Opportunities Fund is a closed-end management investment company listed on the New York Stock Exchange under the symbol PDO. The fund is advised by Pacific Investment Management Company LLC, commonly known as PIMCO, a global investment manager specializing in fixed-income and other income-oriented strategies.

The fund seeks to provide current income as its primary objective and long-term capital appreciation as a secondary objective. It invests in a diversified portfolio of income-producing securities, including corporate bonds, government and sovereign debt, mortgage-related securities, asset-backed securities, and other fixed-income instruments.

PIMCO Dynamic Income Opportunities Fund may invest across developed and emerging markets and can use derivatives and other investment techniques to manage risk, gain exposure to markets, or pursue income and return opportunities.