Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Grows By 52.6%

Pimco Dynamic Income Opportunities Fund (NYSE:PDOGet Free Report) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 1,088,718 shares, a growth of 52.6% from the January 29th total of 713,523 shares. Based on an average daily volume of 778,980 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 778,980 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Morgan Stanley raised its holdings in shares of Pimco Dynamic Income Opportunities Fund by 14.9% during the fourth quarter. Morgan Stanley now owns 5,397,465 shares of the company’s stock worth $74,701,000 after acquiring an additional 698,797 shares in the last quarter. UBS Group AG grew its position in Pimco Dynamic Income Opportunities Fund by 4.9% in the fourth quarter. UBS Group AG now owns 3,521,827 shares of the company’s stock valued at $48,742,000 after acquiring an additional 164,530 shares during the period. Royal Bank of Canada raised its stake in shares of Pimco Dynamic Income Opportunities Fund by 53.4% in the fourth quarter. Royal Bank of Canada now owns 2,194,483 shares of the company’s stock valued at $30,371,000 after acquiring an additional 763,471 shares during the last quarter. SOL Capital Management CO increased its holdings in shares of Pimco Dynamic Income Opportunities Fund by 1.1% in the fourth quarter. SOL Capital Management CO now owns 1,698,816 shares of the company’s stock valued at $23,512,000 after purchasing an additional 19,013 shares in the last quarter. Finally, Cercano Management LLC grew its holdings in Pimco Dynamic Income Opportunities Fund by 21.6% during the 2nd quarter. Cercano Management LLC now owns 1,666,651 shares of the company’s stock worth $22,466,000 after acquiring an additional 295,858 shares during the period. Institutional investors and hedge funds own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Price Performance

Shares of PDO stock traded up $0.05 during midday trading on Monday, reaching $14.00. 743,462 shares of the company traded hands, compared to its average volume of 673,497. The firm’s 50 day simple moving average is $14.00 and its two-hundred day simple moving average is $13.94. Pimco Dynamic Income Opportunities Fund has a 1-year low of $11.81 and a 1-year high of $14.25.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 12th will be issued a dividend of $0.1279 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a c) annualized dividend and a dividend yield of 11.0%. Pimco Dynamic Income Opportunities Fund’s payout ratio is -7,650.00%.

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.

Further Reading

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