Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Sees Large Increase in Short Interest

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 7,200 shares, a growth of 111.8% from the December 15th total of 3,400 shares. Based on an average daily volume of 28,900 shares, the days-to-cover ratio is currently 0.2 days.

Pioneer Diversified High Income Fund Stock Down 0.1 %

HNW stock traded down $0.01 during trading on Tuesday, hitting $11.93. The company had a trading volume of 31,289 shares, compared to its average volume of 26,674. Pioneer Diversified High Income Fund has a fifty-two week low of $10.69 and a fifty-two week high of $12.54.

Pioneer Diversified High Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were paid a dividend of $0.0975 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $1.17 annualized dividend and a yield of 9.81%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Advisors Asset Management Inc. lifted its position in Pioneer Diversified High Income Fund by 206.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 156,062 shares of the company’s stock worth $1,920,000 after buying an additional 105,105 shares in the last quarter. Shaker Financial Services LLC raised its stake in shares of Pioneer Diversified High Income Fund by 55.1% in the third quarter. Shaker Financial Services LLC now owns 106,990 shares of the company’s stock worth $1,316,000 after acquiring an additional 38,028 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Pioneer Diversified High Income Fund by 13.9% during the second quarter. Envestnet Asset Management Inc. now owns 162,106 shares of the company’s stock worth $1,893,000 after purchasing an additional 19,797 shares in the last quarter. Clear Creek Financial Management LLC grew its stake in shares of Pioneer Diversified High Income Fund by 8.8% during the third quarter. Clear Creek Financial Management LLC now owns 20,970 shares of the company’s stock valued at $258,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Choreo LLC increased its holdings in shares of Pioneer Diversified High Income Fund by 5.1% in the second quarter. Choreo LLC now owns 34,288 shares of the company’s stock valued at $399,000 after purchasing an additional 1,663 shares in the last quarter.

Pioneer Diversified High Income Fund Company Profile

Pioneer Diversified High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets across the globe. The fund seeks to invest in higher yielding asset classes, including high yield bonds, leveraged bank loans, and event-linked bonds .It employs a combination of fundamental and quantitative analysis to create its portfolio.