Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Sees Large Drop in Short Interest

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 691,900 shares, a drop of 25.6% from the December 15th total of 929,400 shares. Based on an average daily volume of 708,500 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tectonic Advisors LLC grew its stake in shares of Pimco Dynamic Income Opportunities Fund by 2.9% during the third quarter. Tectonic Advisors LLC now owns 30,556 shares of the company’s stock valued at $431,000 after purchasing an additional 852 shares during the last quarter. Stifel Financial Corp raised its position in Pimco Dynamic Income Opportunities Fund by 1.5% in the 3rd quarter. Stifel Financial Corp now owns 110,109 shares of the company’s stock worth $1,555,000 after purchasing an additional 1,610 shares during the last quarter. Bank of New Hampshire lifted its holdings in Pimco Dynamic Income Opportunities Fund by 105.8% during the 4th quarter. Bank of New Hampshire now owns 3,725 shares of the company’s stock worth $51,000 after buying an additional 1,915 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Pimco Dynamic Income Opportunities Fund by 20.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 15,589 shares of the company’s stock valued at $207,000 after buying an additional 2,600 shares during the last quarter. Finally, Consolidated Portfolio Review Corp increased its stake in shares of Pimco Dynamic Income Opportunities Fund by 1.7% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 185,591 shares of the company’s stock valued at $2,621,000 after buying an additional 3,145 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 $0.11 during trading hours on Wednesday, hitting $13.44. 741,738 shares of the company’s stock were exchanged, compared to its average volume of 913,693. Pimco Dynamic Income Opportunities Fund has a 52 week low of $12.30 and a 52 week high of $14.44. The stock’s 50-day moving average is $13.54 and its 200-day moving average is $13.60.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Monday, January 13th will be issued a dividend of $0.1279 per share. This represents a $1.53 dividend on an annualized basis and a yield of 11.42%. The ex-dividend date is Monday, January 13th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio is currently -7,650.00%.